If Shareholders Are Not Happy with a Company's Management, a Proxy

question 28

Multiple Choice

If shareholders are not happy with a company's management, a proxy fight is one method that can be used to attempt to remove managers.Which of the following is true, with regard to a proxy fight?

• A)A proxy fight is an inexpensive method for a shareholder with a small holding to have an impact.
• B)If a large shareholder is unhappy they are more likely to launch a proxy fight than to sell shares.
• C)Most proxy fights are successful.
• D)Proxy fights can be very expensive and time consuming.

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Definitions:

Assimilation Levels

describe the degree to which a minority group has adopted the cultural norms and values of the dominant society.

Aboriginals

Indigenous peoples native to a land or region, especially referring to the First Nations, Inuit, and Métis peoples of Canada.

American West

A region of the United States located west of the Mississippi River, characterized by its diverse landscapes, history of expansion and settlement, and cultural significance.