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concerning cumulative voting

Is cumulative voting in the favour of shareholder? do the shareholder benefit from?

yeah, in favour of shareholder.

TOP

Well, yes and no because there may be super minority shareholders like founding family members, think of the Waltons from Wal Mart, that will be able to influence the voting process much more than a normal shareholder. But the little guy does get his say so there is an upside and downside.

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