Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How does a Director Vote?

director vote
0
Posted

How does a Director Vote?

0

Unlike shareholders, whose number of votes is based on the number and class of shares that they hold at a given time, directors usually have only one vote per person at board of directors’ meetings. Sometimes the chairman of the board of directors has a preponderate vote. Directors are not typically entitled to vote by proxy at a board of directors’ meeting.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.