voting rights


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Voting rights

The right to vote on matters that are put to a vote of security holders. For example the right to vote for directors.

Voting Right

The right of some shareholders to participate in the company's decision making process, especially at the annual meeting or at other special meetings. Some decisions, such as friendly takeovers or whether to make a new issue, must be put to shareholder votes, though the list of what decisions are included varies by company. Because voting rights give these shareholders the most control over the company, other shareholders are compensated with benefits, such as guaranteed dividends. See also: Voting stock.

voting rights

The type of voting and the amount of control held by the owners of a class of stock. See also cumulative voting, majority voting, nonvoting stock, proxy, supermajority provision.
References in periodicals archive ?
In a scathing opinion issued this year, she ruled that the city had violated the Voting Rights Act and reinstated the city's eight single-member districts.
The Voting Rights Act contained a wonderful gambit of suspending literacy tests and all other voting "devices" in the South and allowing their reintroduction only if approved ("precleared") by the Department of Justice.
Why do you think voting rights activists chose to march as a way of getting their message across?
In the long-term, the Voting Rights Act significantly and noticeably improved voting rights and increased political power for African Americans in the South.
When the Voting Rights Act was signed in 1965, it was a bipartisan effort.
Currently, the voting right of a single individual or entity is limited to 10 per cent, irrespective of their shareholding.
Rumbles of opposition to the renewal of the Voting Rights Act were heard this past summer and grew loud enough for Republican congressional leaders to postpone a vote on the measure on June 22, 2006.
Under certain circumstances, where a corporation is being disposed of, it must seemingly be (or hold an interest in) an "eligible corporation." An "eligible corporation" is one where "the taxpayer holds not less than 90% of the issued and outstanding share capital having full voting rights under all circumstances and having a fair market value of not less than 90% of fair market value of the issued and outstanding shares" of the corporation.
Under pressure from the Right to Vote coalition, a voters' education group, Iowa Governor Tom Vilsack announced in July that the state would restore voting rights to all ex-offenders who had completed their sentences.
On August 6, tens of thousands of demonstrators marched in Atlanta to demand the renewal of the 1965 Voting Rights Act.
The Unfinished Agenda of The Selma-Montgomery Voting Rights March (John Wiley & Sons, March 2005, $24.95, ISBN 0-471-71037-7) by the editors of Black Issues in Higher Education, our sister publication, examines the history of the Selma to Montgomery voting rights march in Alabama 40 years ago, and the role it played as a catalyst for the signing of the Voting Rights Act of 1965 and the work yet to be done toward full enfranchisement of all Americans.