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 ?
"The basic principle for which we aspire in any election law is proportional representation regardless of our popularity," Nasrallah said in a televised speech on the occasion of Prophet Mohammad's birthday.
Future bloc MP Ahmad Fatfat, a subcommittee member, said his bloc opposed any system based on proportional representation.
The term will expire for 121 of the upper house members on July 25 -- 73 from constituencies and 48 from the proportional representation section.
His proposal would divide MPs elected by proportional representation and winner-takes-all at 64 each.
Voters who have yet to make up their mind amounted to 55.3 percent for constituencies and 47.6 percent for proportional representation.
Yet, and assuming that by some miracle proportional representation was adopted, who would benefit and who would suffer from such reforms?
The Cabinet is still debating a draft electoral law based on proportional representation.
However, the outcome of the Cabinet's discussions indicated that all parties represented in the Cabinet, except Druze leader Walid Jumblat's bloc which is represented by three ministers, supported an election law based on proportional representation. Jumblat, who prefers small electoral districts, has rejected an election law based on a system of proportional representation.
The Lebanese consensual democracy may not become complete without adopting proportional representation that the Lebanese could agree upon, provided that its concepts and frameworks are well defined," he added.
Lord Owen, who calls for proportional representation but opposes AV, said the poll demonstrated the arguments of pro-AV campaigners were "failing" with only two weeks to go until the May 5 referendum.
First, he is surprised that Liberal Democrats support AV, having previously campaigned for Proportional Representation (PR).
The Lib Dems think proportional representation is more democratic, but don't think that a referendum on any EU issue is democratic.
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