Elected first to the board with cumulative voting

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Reference no: EM132018340

You are in charge of writing a blog where you have to explain the difference between electing the board of directors for a company, assuming that shareholders have the right to vote cumulatively or to vote straight. Assume that 3 directors are to be elected; and currently there are 10 shareholders, where A has 100 shares, B has 75 shares, C has 60 shares, D has 30 shares and E has 25 shares and F, G, H, I and J has 2 share each (for a total of 300 shares).

What % of votes or how many votes are needed to be elected first to the board with cumulative voting?

What % of votes or how many votes are needed to be elected first to the board with straight voting?

Reference no: EM132018340

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