When can proxy fights take place in a corporation?
If the percentage of stock owned by large shareholders is high, proxy fights can be easily waged. Under a proxy fight a large shareholder or group solicits votes for a slate of directors that it has proposed as an alternative to candidates endorsed by the current board, which may include the board members themselves. Shareholders who favor the alternative are said to give their "proxies" to those proposing the new directors.
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What is meant by marginal revenue?
What will be an ideal response?
Suppose a multi-product monopolist sells two complementary goods, A and B. Annual market demand for good A is QdA = 600 - 25PA - 12PB. Each time a consumer buys A, his demand for B is QdB = 4 - 0.4PB. The marginal cost of good A is a constant $4, and the marginal cost of good B is a constant $0.50. Suppose the price of good B is $5. If the monopolist considers the effect of additional sales of A on the sales of good B, what will be its total profit from the sales of A and B?
A. $7,414.75 B. $5,752.25 C. $4,422.25 D. $1,429.75
Compare the advantages and disadvantages of marginal and average cost pricing for natural monopolies.
What will be an ideal response?
Which of the following is the treaty that took the participating countries from a free trade area to a common market?
A) The Treaty of Rome B) The Maastricht Treaty C) The Single European Act D) The Treaty on European Union