- CFA Exams
- CFA Level I Exam
- Topic 3. Corporate Issuers
- Learning Module 3. Corporate Governance: Conflicts, Mechanisms, Risks, and Benefits
- Subject 2. Corporate Governance Mechanisms
CFA Practice Question
Which of the following are appropriate elements of an effective proxy voting policy?
B. Assuring timely receipt of materials
C. No statement of objectives of shareholders or beneficiaries
D. Consistently avoiding voting on controversial issues
A. No distinction between routine and important proxies
B. Assuring timely receipt of materials
C. No statement of objectives of shareholders or beneficiaries
D. Consistently avoiding voting on controversial issues
Correct Answer: B
User Contributed Comments 5
| User | Comment |
|---|---|
| ggupta | Can somebody explain me how? |
| Hamish | In order to lodge a proxy vote the shareholder must receive their voting forms well before the shareholder meeting. If the material is not received early enough the shareholder may not have time to return their voting form. |
| CheeHong | The other 3 options are not even remotely close to being sensible... |
| mpapwa22 | Ah ah ahCheehong pls. In an case you r right.Don't make much sense |
| gill15 | I was thinking A)...my thinking was that all voting should be considered with the utmost importance regardless of what the votes are in regards to... Again...I hate this section. |