Jensen Shipping Has Four Open Seats on Its Board of Directors.How

question 51

Multiple Choice

Jensen Shipping has four open seats on its board of directors.How many shares will a shareholder need to control to ensure that his or her candidate is elected to the board given the fact that the firm uses straight voting? Assume each share receives one vote.

• A)Twenty percent of the shares plus one share
• B)Twenty-five percent of the shares plus one share
• C)One-third of the shares plus one share
• D)Fifty percent of the shares plus one share
• E)Fifty-one percent of the shares plus one share

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Definitions:

Proportions

A statistical measure that represents the size of part of a whole, typically expressed as a fraction or percentage.

Proportion of Female Managers

The ratio or percentage of managerial positions held by women in a given organization or sector.

Conclusion

The end or finish of an event, process, or text, often summarizing findings or results.

Power Curve

A graphical representation used in statistics to show the probability of rejecting the null hypothesis at various effect sizes.