Shareholder Proposals on the Company Proxy Statement

question 24

Multiple Choice

Shareholder proposals on the company proxy statement:

• A) must be stated in the form of a request or recommendation according to SEC rules.
• B) may only be implemented by the company if they receive support from at least a simple majority of the shareholders.
• C) are, in about half of the cases, withdrawn before a vote because the company decides to implement the proposal.
• D) may address only corporate-governance issues, such as cumulative voting or executive compensation, but may not address the shareholder's political agenda, such as saving the environment.

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Definitions:

Lateness

The state of not being on time or delayed in comparison to a scheduled or expected time.

Hangover Effect

A period of reduced performance or negative feelings following a temporary phase of enthusiasm or a high-positive state, often without the context of alcohol consumption.

Job Satisfaction

The level of contentment or happiness that an individual derives from their job, influenced by various factors like work environment, salary, and the nature of the work itself.

Hangover Effect

A lingering condition or set of symptoms that occurs as a consequence of a previous activity or event, often used in the context of alcohol consumption.