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

question 13

True/False

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

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Definitions:

Criticism

The act of expressing disapproval or pointing out the faults or shortcomings in someone or something, often with the intention of eliciting change or improvement.

Path-Goal Theory

A leadership theory that assesses how leaders can motivate their followers by defining and clarifying paths to achieving goals, along with removing obstacles along the way.

Authoritarian

A leadership approach where a single person makes all the decisions without much contribution from team members, typically enforcing strict guidelines and procedures.

Directive Leadership

A leadership approach that involves providing clear instructions, setting performance standards, and ensuring that followers follow procedures closely.