Proxy Voting: Definition & Guidelines


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question 1 of 3

You are a shareholder of Green Industries. At an upcoming meeting, shareholders are going to vote on a new director and the merging of two business lines. You do NOT want the merger to happen. Which is the best option?

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1. Consider the following: You own 2,500 shares of Global Light Bulbs and a major initiative is being voted on which you disagree with. There are other shareholders with larger holdings. What should you do?

2. Typically, states limit the proxy duration to a time frame of _____

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About This Quiz & Worksheet

The quiz/worksheet combo is a useful tool for checking your understanding of proxy voting. You need to know how this voting works and understand its guidelines in order to pass the quiz.

Quiz & Worksheet Goals

Using these tools, see what you know about:

  • How your vote is counted if you fail to return a proxy and don't attend the shareholder meeting
  • Time frame of the proxy duration in most states
  • How proxy votes work

Skills Practiced

  • Information recall - access the knowledge you have gained about when to send out a proxy statement
  • Reading comprehension - ensure that you draw the most important details from the lesson on proxy votes
  • Interpreting information - verify that you can read information about why proxy votes exist and interpret it correctly

Additional Learning

Gain additional knowledge about proxy votes by accessing the lesson called Proxy Voting: Definition & Guidelines. Some goals you can complete include:

  • Determine what a proxy statement is
  • Define proxy holder
  • Identify different guidelines about proxy votes