proxy an important tool relating to control of the firm?
ìhoho ì asked:
A proxy is a document giving one party the authority to act for another party, typically the power to vote shares of common stock. A proxy can be an important tool relating to control of the firm. True or false?
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Well, it COULD be. Except most people don’t even read the proxy or explanations, and just check the box “Vote for Management Position”. They are so lazy the tool isn’t very useful. Susie T