straight voting
- A method of voting in which each shareholder in a corporation can assign one vote per share they own for each director position that's available
- The corporate process allowed straight voting, enabling shareholders to assign one vote per share for each available director post.
- Using the system of straight voting, the investor with 1000 shares could cast 1000 votes for each open director slot.
- Despite having a small share in the company, he could still participate in the director selection due to the straight voting system.
Provide Feedback
