The correct answer is Cumulative voting
is the procedure followed when electing a company's directors.
What is Cumulative voting?
- Cumulative voting could be a voting framework utilized by organizations that permit shareholders to vote proportionately to the number of offers they hold.
- This permits a shareholder with 100 offers to cast the comparable of 100 votes toward any single issue.
- Assume numerous candidates are being considered for different positions, such as board seats.
- In that case, each shareholder has the alternative of setting all of their votes toward one situate amid decisions or toward one choice when voting on other things. Be that as it may, the shareholder can moreover select to part his votes over numerous alternatives.
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