Which of the Following Best Describes a Proxy Contest

question 95

Multiple Choice

Which of the following best describes a proxy contest?

• A) Opposing factions of shareholders seek different prices for their shares.
• B) Opposing factions of shareholders seek proxies, so they can vote other shareholders' shares on a matter.
• C) Members of the board of directors seek the support of other board members on a matter to be voted on by the board.
• D) Opposing factions of shareholders seek to influence board members to vote in a certain way on a matter before the board of directors.
• E) Opposing factions of shareholders seek to influence officers to disregard the board of directors.

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Definitions:

Canadians

Citizens of Canada or individuals residing in Canada, often characterized by their diverse cultural backgrounds.

Unethical Behaviour

Conduct that breaches established norms or principles governing professional and moral conduct, potentially harming individuals or groups.

Whistle-blowing

The act of exposing any kind of information or activity within a private, public, or government organization that is deemed illegal, unethical, or not correct.

Reporting

The process of formally communicating information, outcomes, or progress through various means such as written documents, presentations, or verbal updates.