Proportional representation(redirected from Proportional rule)
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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
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