majority voting

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Majority voting

Voting system under which corporate shareholders vote for each director separately. Related: Cumulative voting.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

majority voting

A type of voting right in which stockholders are granted one vote for each director's position for each share held. Thus, the holder of 100 shares would have the right to cast 100 votes for each position for which an election is held. Under this system, any stockholder or group holding 51% of the shares voting is able to control every position up for election. Also called statutory voting. Compare cumulative voting.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
This proposal can circumvent section 12 constitutional amendment and pull through the parliament with simple majority voting procedure, which will pass through with ease.
Shareholder activists can in extreme cases seek to change board positions through simple majority voting. It is designed to deter poor governance that might pose a threat to the longevity or profitability of the company.
The simple majority voting procedure proposed by the Commission is extremely problematic, explained a source, because all the origin states will have a vote, while host states must share only one vote.
So I think it is a total scandal that the referendums to be held to decide on membership of the new constitution should be determined by simple majority voting, in that the issue would be the termination of the body politic of one's own country.
"The way the Premiership is run is simple majority voting, in terms of getting resolutions passed.
He said: "The Premiership is run with simple majority voting so we are confused why they are prepared to accept it there but not here."
The trustees considered whether the expanded GASB should use a super-majority vote to approve projects and standards or should retain its present policy of simple majority voting.
John Paul II has introduced simple majority voting into the conclave.
They argue a simple majority voting in favour of home rule in the referendum is not good enough to win an assembly.

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