- 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
Minority shareholders would prefer ______ when electing board members.
A. straight voting
B. cumulative voting
C. statutory voting
Explanation: Cumulative voting raises the likelihood that minority shareholders are represented by at least one director on the board.
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