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      • Native Language:
      • Korean
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      • South Korea
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    #1

    voting majorities

    Please help me understand the following in bold.

    1. Are the majority of the board members truely independent? Do company directors adhere to term limits? Are the voting majorities required to adopt shareholder resolutions attainable?

    Does this refer to "the people who have the voting rights and they constitute more than half of the total number"?

    2. The pressures endemic to a billion-dollar corporation are not played out fully at a small, private company like Clif Bar. But a reminder of what business can be---and how a true leader shares the risks and rewards of an enterprise---puts a spotlight on those practices at the top of the corporate ladder that cry out for change.

    Would you please rewrite the above more easily? It's confusing.

    Thank you.

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    #2

    Re: voting majorities

    1 It depends- shares can carry votes or not. I think you'd have to look at the company rules to answer this.

    2 Clif Bar. is a small company, but it could serve as an example to much larger ones.

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      • Portuguese
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    #3

    Re: voting majorities

    Not a teacher


    With my flack suit on Id risk the following:


    1 -Are voting majorities required to put into practise shareholder resolutions that can be implemented?


    2 - The pressures present at big corporations are considerably lower at Cliff Bar. This should serve as a reminder of a good way to run a business and points to those practices at the top of the corporate ladder that cry out for change. Furthermore, Cliff Bar also shows us how a true leader should share not only the risks, but also the rewards of an enterprise.


    M.

    • Member Info
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    #4

    Re: voting majorities

    It's a big help.

    Thank you all for the answer.

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