Examlex
Which of the following is likely to overcome the free-rider problem?
Proxy
Authorization to represent a corporate shareholder to serve as his or her agent and vote his or her shares in a certain manner.
Greater-Than-Majority Vote
A voting requirement in decision-making processes that necessitates more than 50% of the votes to pass a motion or make a decision.
Unanimous Vote
A voting result where all participants agree on the decision or option presented without any dissent.
Shareholder Proxies
Legal authorizations granted by shareholders for someone else, often a board member, to vote on their behalf at company meetings.
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