Proxy voting can limit direct engagement between voters and the decision-making process, as individuals may not fully understand the implications of their votes when delegating authority to someone else. Additionally, it may lead to a lack of accountability, as proxy holders might not represent the original voter's views accurately. There's also the risk of manipulation or coercion, where the proxy may vote based on personal interests rather than the intent of the person they represent. Lastly, proxy voting can diminish the sense of ownership and responsibility among voters regarding the outcomes of decisions.
My son will be my proxy. Whatever he says is like I said it. At the stockholders' meeting I will have my mom's proxy vote.
If they could not be present at the meeting, they were allowed vote by proxy. Proxy can be a computing term. Proxy is a hard language. The guy had a good proxy for his bad habit.
I couldn't attend the Annual General Meeting to vote my shares personally, so I sent my proxy with a friend so he could vote my shares for me.
A proxy gives a shareholder the right to appoint someone else to vote on their behalf at a company's shareholder meeting.
Generally, association members may assign their votes to whomever they choose, and this may be a board member. It is possible that a member assigns an open proxy, or may assign a chosen proxy, usually by vote-able action. With an open proxy, the proxy holder can choose how to vote; with an assigned proxy -- with choices clearly voted on by the member -- then the proxy holder is required to vote according to the member's directive. One caveat is this, however: commonly, board members may not assign proxies to other board members for board votes. Read your governing documents to determine the exact voting procedure in place in your association, and if they are silent, locate the state law governing the type of association involved, or the type of corporation involved, where your answer may be dictated.
Read your governing documents to learn more about how proxies can be used in board elections in your association. Usually, an owner receives a document which can serve as either a ballot or a proxy. So long as the owner's signature is on the document, and it can be identified as a proxy, it can be used as such. However, it can only be used for one or the other purpose, not both.
A proxy ballot is used.
When a person fills out a proxy form he is basically giving to another person the right to vote for him. A proxy is not a ballot. The person carrying the proxy should be given a ballot for himself and one for the proxy that he is carrying for another.
I am not a parliamentarian and may be completely off-base, but I don't think a proxy vote counts toward a quorum. A proxy vote may work on a given question that comes before the committee, but a quorum is based on members actually present in the room. However, different groups may define quorum differently, and as long as their definition isn't in conflict with applicable law, I suppose a group could define quorum as including any persons submitting votes by proxy.
A proxy is simply a document signed by a stockholder authorizing another person to vote on their behalf. Proxy authorization may be of limited purpose and duration or general and open-ended in duration. To grant a new proxy, all the stockholder must do is sign the proper document authorizing a different person to vote on their behalf.
Get StartedIn the corporate context, the term "proxy" has two meanings. First, it refers to a person who is given the authority to represent, vote and exercise the powers associated with the stock owned by the person who designates the proxy (the "Stockholder"). Second, the term "proxy" also refers to the document under which the stockholder gives the power to the person who will represent the stockholder. Thus, a proxy document is actually a special power of attorney. In many cases, the proxy is given to another stockholder.
The agency for another who acts through the agent; authority to act for another, esp. to vote in a legislative or corporate capacity., The person who is substituted or deputed to act or vote for another., A writing by which one person authorizes another to vote in his stead, as in a corporation meeting., The written appointment of a proctor in suits in the ecclesiastical courts., See Procuration., To act or vote by proxy; to do anything by the agency of another.