M2 EQUITYBITES-October 14, 2016-Pernix Therapeutics announces one for ten reverse stock split and majority voting
NASDAQ: TST) has approved and adopted an amendment to the company's amended and restated by-laws to implement a majority voting
standard for uncontested director elections and related amendments to its corporate governance guidelines, the company said.
O) board has proposed removing Mark Zuckerberg's majority voting
control in the event of the social media giant's chief executive and founder deciding to exit management at some point in future.
Commenting on proposals of protesters for the introduction of majority voting
, Sergey Stanishev, leader of the Bulgarian Socialist Party (BSP) has said that there is not enough time to amend the Election Code, given that President Rosen Plevneliev has already announced a date for the early elections.
In recent years, activist shareholders have pressed companies to adopt a majority voting
standard under which directors who do not win a majority of the votes cast are expected to tender their resignation.
IN RECENT PROXY SEASONS, shareholders have successfully campaigned at many public companies to institute majority voting
for the election of directors as a replacement for plurality voting.
is a postprocessing strategy that can increase the overall classifier accuracy [2,15,17].
In recent months, a growing number of American corporations have adopted majority voting
But under majority voting
, a director wins election only if he or she receives approval among the majority of votes cast, including those cast as "withheld.
If a company elected a majority voting
policy, however, a simple majority vote against a director could imperil his or her service--at least in theory.
The convention is discussing in what areas majority voting