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AFP CTP Question # 227 Topic 23 Discussion

CTP Exam Topic 23 Question 227 Discussion:
Question #: 227
Topic #: 23

A company is concerned that investor dissatisfaction could lead to a rapid change in its board membership. To prevent this, which of the following strategies should the company employ?


A.

Grant shareowners preemptive rights for new shares.


B.

Give shareowners cumulative voting rights.


C.

Stagger the election of its directors.


D.

Allow shareowners to vote by proxy.


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