Proportional representation


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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 ?
Clearly, without the tool of race conscious districting in a majoritarian winner take all system, proportional representation offers racial minorities the only chance they have left for representation.
While the process of counting preferential votes may seem a bit strange at first, the important point is that this system handily fulfills the objectives of the proportional representation approach: 1) It assures that nearly all voters elect someone they want to represent them - if not their first choice, then at least their second or third; 2) it ensures that all parties and other groups receive their fair share of the seats - minorities as well as majorities; and 3) it produces a city council that faithfully represents all segments of the electorate.
This "Dole compromise' authorizes courts to premise violations in part on the "extent to which members of a [minority group] have been elected to office,' but, in the very next sentence, adopts a proviso that no right to proportional representation is thereby conferred.
The idea [of a proportional representation law] gives hope to fix Lebanon," he said.
The earlier Proportional Representation the column emphasized the "preferential voting" system that Cambridge continues to use and which once was used in such cities as New York, Cincinnati and Cleveland.
A proposal presented by MP Ali Bazzi from Speaker Nabih Berri's parliamentary bloc that calls for electing half of Parliament's 128 members on the basis of proportional representation and the other half according to the winner-takes-all system.
In the event that proportional representation seats are reduced by 30, the LDP, led by Prime Minister Shinzo Abe, plans to create favorable conditions for smaller parties by preferentially allocating 30 of the remaining 150 seats to parties with the second-largest share of votes or even less.
Aoun said Monday that proportional representation would ensure the participation of all political groups in government, according to the pan-Arab daily AL HAYAT Tuesday.
At the 2001 General Election, Welsh Lib Dem policy was to establish a parliament in Wales and to use proportional representation for local elections.
The tentative yet still heady triumph of democracy in South Africa is the culmination of a remarkable year for proportional representation (PR), that "other" voting system used by most of the democratic world.
The plan also would restructure the Bank's Board of Directors to provide more proportional representation for the various share classes.
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