If a Board Attempts to Manipulate the Shareholders' Election of a Director

question 54

True/False

If a board attempts to manipulate the shareholders' election of a director to reduce the shareholders' influence, they can challenge the election in court.

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Definitions:

Employee Participation

A process that involves staff in decision-making within the organization, contributing to better engagement and outcomes.

Labor Unions

Organizations that represent the collective interests of workers in negotiations with employers over wages, benefits, and working conditions.

Self-Managed Teams

Groups of workers who are provided with the autonomy to plan, execute, and monitor their own tasks and performance.

Open-Book Management

A business strategy where financial and operational information is shared openly with employees to involve them in decision-making and to improve company performance.