Voting Right

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Definition

Voting Right. A contractual right that specifies shareholder voting entitlements, such as to elect directors, elect outside auditors, and vote on matters of corporate policy

Voting may involve decisions on issuing securities, initiating stock splits, and making substantial changes in the corporation's operations. Note that a given share may not have voting rights, in which case the number of votes per share would be zero.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.