Proportional representation

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Related to First-past-the-post: proportional representation

Proportional representation

A method of stockholder voting that allows minority shareholders and groups of small shareholders to have a better chance of getting representation on a Board of Directors than under statutory voting.

Proportional Representation

In a publicly-traded company, a method of voting for members of the board of directors in which a shareholder can give multiple votes to the same candidate rather than voting individually for each available seat. Proportional representation allows individual and small groups of shareholders a greater likelihood of having a representative on the board. See also: Statutory voting.
References in periodicals archive ?
"Anyone in favour of first-past-the-post wants unfair elections, malfunctioning politics and lazy MPs."
It will have 601 members, of which 335 will be elected by the proportional system, 240 by first-past-the-post electoral system and 26 will be nominated by the prime minister.
Once again, advocates of first-past-the-post see this as an advantage of their system, but arguably it is not.
"Canada, the US, and India are the only remaining countries with more than 8 million people that are still fully wedded to first-past-the-post voting systems.
Another complaint is that the first-past-the-post (FPTP) system is unfair to smaller parties and regional groups.
One such solution, currently being examined in Great Britain, is reform of our "first-past-the-post" electoral system to produce one that would combine proportional representation with the existing voting system.
As per the data, a total of 1,945 candidates are in fray for the 165 seats of the Parliament and other 3,203 candidates are contesting for the 330 seats of the Provincial Council under the First-Past-the-Post (FTTP) system.
Labour have said that it is opposed to any change, but if there was a change it would prefer 30 two-member constituencies in the Assembly elected by first-past-the-post But constitutional expert Alan Trench yesterday dismissed it as an issue.
Mr Jones said"If we do win, it will be the straightforward simplicity of first-past-the-post that carries the day."
"I think first-past-the-post has served us well for a very long time," he said.
Lib Dem leader Nick Clegg is very keen to see a fundamental overhaul of the way people vote and an end to the "outdated" first-past-the-post system.
Last November, when they signed the comprehensive peace accord with Nepalese mainstream political parties, Maoist rebels to hold the constituent assembly election on the basis of a joint electoral system, meaning both the proportional representation system and the first-past-the-post system, for which the commission on Sunday also extended the deadline for submitting nomination papers.