Spotlight Page: Shareholder Democracy #13
Description
Page to cover how having shares DRS assures not only that a vote is cast, but counted - and to cover how the current markets have an open and known problem with accurate shareholder vote counts due to more shares trading than are issued.
"The Hazlet, New Jersey–based Securities Transfer Association, a trade group for stock transfer agents, reviewed 341 shareholder votes in corporate contests in 2005. It found evidence of overvoting the submission of too many ballots in all 341 cases."
Source: https://web.archive.org/web/20060421085925/http://www.rgm.com/articles/FalseProxies.pdf