Voting Rights

Ownership of shares in a company normally gives the shareholder the right to vote on the election of directors to the company. One share is usually equal to one vote.

That being said, some companies in the past created a class of non-voting shares, allowing those who control the business to raise more capital without losing voting control of the business.

See Also: Stockmarket Centre

Last Updated: June 2006 © Moneyextra.com

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