Elected by the cumulative voting method

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Reference no: EM13323101

You're an individual investor who holds common stock in a large blue chip company. You've received notice of a proposed change. Instead of using the existing statutory method, the proposal calls for the company's board of directors to be elected by the cumulative voting method.

Will you vote for the change? Why or why not? Would you vote differently if you represented an institutional investor? Explain.

Reference no: EM13323101

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