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Cumulative voting, which permits shareholders to cast one vote for each share of common stock owned in any combination, is prevalent.
It was designed to guarantee voting rights for African-Americnas
prevent poor african americans from voting
Grandfather clauses
The main advantage of cumulative voting is that it disperses the power to elect directors among shareholders, instead of concentrating the power in the majority shareholder. This can be helpful in a number of situations, especially when the corporation is forming and a significant (but not majority) investor wants some assurance that she will have some power over the board. Another (possible) advantage (depending on which side you're on), is that it makes it more difficult to remove directors, because a director can't be removed under cumulative voting if the votes cast against removal would have been enough to elect the director. Thus, a majority vote won't be sufficient to remove a director. This is another benefit for the minority shareholders, who may be weary about the majority's control.
cumulative percentage = (cumulative frequency ÷ n) x 100
gerrymanderThese are known as gerrymandered districts.
what dose cumulative force mean
No, cumulative is not a compound word.
Cumulative shares are when the shares are combined and then evenly distributed to the share holders. Non cumulative preference shares are when they go to certain people first.
solid sout so weird people can vote
gerrymanderThese are known as gerrymandered districts.