The cumulative voting rule

Reference no: EM13318520

Corporate Voting
Candlebox Inc. is going to elect six board members next month. Betty Brown owns 17.4 percent of the total shares outstanding.

What percentage of istock s needed to have one of her friends elected under the cumulative voting rule? (Do not round intermediate calculations and round your final answer to 2 decimal places.

Percent of stock needed %

What percentage of stock is needed to have one of her friends elected under the staggered cumulative voting rule under which shareholders vote on two board members at a time?
Percent of stock needed %

Reference no: EM13318520

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