As a Small (Minority)stockholder Would You Prefer to Have Cumulative

question 32

Essay

As a small (minority)stockholder would you prefer to have cumulative voting or straight voting shares? As a majority shareholder?

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Definitions:

Integrity

The quality of being honest and having strong moral principles; moral uprightness.

Civility

The behavior of showing politeness and respect towards others in a society.

Company Code

A unique identification code assigned to a business entity for purposes of regulation, identification, and administrative processing.

Ethics

A set of moral principles that govern the behavior of individuals and organizations, concerned with what is good for individuals and society.