The company has cumulative voting rule

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Reference no: EM131558940

In the shareholders’ meeting of BETA S.A. 5 board members have to be elected. There are 200,000 shares issued. How many shares do you need to have in order to secure that you are able to elect one board member if: a) the company has a majority voting rule? b) the company has a cumulative voting rule? Show your work.

Reference no: EM131558940

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