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 adoption of a proportional representation system is the most accepted and fair and equitable system even though it is to be applied under a sectarian system and amid the proliferation of non-state arms," he said, referring to Hizbullah's arsenal.
They demand a pure proportional representation system and the activation of a law that would ban corrupt politicians from running for office.
Charbel said some political parties are against a proportional representation system because it does not suit their interests.
But this is a far cry from the proportional representation system traditionally supported by the Liberal Democrats.
Surely the Lib Dems if they are to maintain any credibility must support the party that would have won had the proportional representation system been used.
In the recent European elections it was disappointing that turnout was only around 30% and the proportional representation system used allowed for some peculiar and unfortunate results.
Under the proportional representation system used, seats are allocated depending on the number of votes each party r eceives.
Abu Ghosh said that the current approach violates the law, a provisional previously issued by President Mahmoud Abbas- the adoption of fully proportional representation system.
She said this Parliament was elected by party-list proportional representation system.
The most significant change is that the proportional representation system has inflicted the same harm on the Democratic party as it did on the Italian political process and the French Fourth Republic: deadlock and an inability to declare clear winners.
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.
Their leader, Nick Griffin, is attempting to sneak into mainstream Welsh politics by the back door by exploiting the proportional representation system.
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