Under state law, shareholders may vote at an annual or special meeting. However, since most people live hundreds of miles away from these meetings and are too busy to attend, the law permits shareholders to vote by “proxy” without being present in person. Most shareholders vote this way. In corporate elections, when you vote by proxy, you are authorizing someone (often members of the company's management) to vote according to your wishes as reflected on the proxy card at the meeting.
- Introduction to Investing
- Research Before You Invest
- Protect Your Investments
- Additional Resources
- Free Financial Planning Tools