Examlex
Which of the following would be reported in the Investing Activities section of the Statement of Cash Flows?
Cumulative Voting
Cumulative voting is a method used in corporate elections, allowing shareholders to allocate their votes in any manner they choose among the candidates, offering minority shareholders a better chance of representation.
Minority Shareholders
Shareholders who own less than 50% of a company's shares and therefore, have less influence over decision making.
Board Of Directors
A group of individuals elected by shareholders to oversee the management and make strategic decisions for a corporation.
Proxy
The right to act for another on a specific issue. In finance the right to cast another’s vote in the election of corporate directors. Incumbent directors routinely solicit stockholders’ proxies for reelection.
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