A voting system that gives minority shareholders more power, by allowing them to cast all of their board of director votes for a single candidate, as opposed to regular or statutory voting, in which shareholders must vote for a different candidate for each available seat.
Related information about cumulative voting:
- Cumulative voting - Wikipedia, the free encyclopedia
Cumulative voting (also accumulation voting, weighted voting or multi-voting) is a multiple-winner voting system intended to promote more proportional ...
- Cumulative Voting - Securities and Exchange Commission
Oct 13, 2004 ... Cumulative voting is a type of voting process that helps strengthen the ability of minority shareholders to elect a director. This method allows ...
- Cumulative Voting Definition | Investopedia
The procedure of voting for a company's directors; each shareholder is entitled one vote per share times the number of directors to be elected. This is sometimes ...
- Cumulative Voting - Legal Dictionary - The Free Dictionary
A method of election of the board of directors used by corporations whereby a stockholder may cast as many votes for directors as he or she has shares of stock , ...
- FairVote - Cumulative Voting
In cumulative voting, voters cast as many votes as there are seats. But unlike winner-take-all systems, voters are not limited to giving only one vote to a candidate ...
- HOA Elections: Whats Cumulative Voting, and Should You Use It?
Most people don't even know what cumulative voting is and probably couldn't tell you if it's allowed in their state or their association. Here, we explain the ...
- Cumulative Voting Calculator
A cumulative voting calculator helps determine the number of shares needed to elect a representative to the board of directors of a corporation.
- Cumulative Voting - Davis-Stirling.com
Although optional under Corp. Code §7615(a)), the Davis-Stirling Act makes cumulative voting mandatory if called for in an association's governing documents.