This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: Ben - 40 Carl - 40 Betty - 40 Bert - 40 What is the result with cumulative voting? Alices 400 shares: Alice - 100 Andy - 100 Alex - 100 Aaron - 100 Ben & Carls 160 shares: Ben - 160 X = Y X N 1 +1 N + 1 X = number of shares needed to elect a given number of directors Y = total number of voting shares at meeting N 1 = number of directors desired to elect N = total number of directors to be elected...
View Full Document
This note was uploaded on 05/06/2008 for the course AEM 3210 taught by Professor Grossman,da during the Spring '07 term at Cornell University (Engineering School).
- Spring '07