Minnie Said:

Corporations expand,the merge,split,acquire,buy & sell assets.Why not enough advantage to common shre holder?

We Answered:

Dear ashok a,

You, my friend, are very correct. Corporations such as MSFT, INTL, DELL, AMD named in your details above are all such large floats that virtually all shareholders are in fact Minority Shareholders & because of this, should guard their rights as very precious.
More dramatic rights in connection with shareholder voting is a shareholder's right to "dissent" from certain extraordinary transactions. These actions include most mergers or share exchanges, the sale or exchange of all or substantially all the assets of the corporation other than in the ordinary course of business and certain charter amendments that materially and adversely affect their shares. Upon dissent, a shareholder following the requirements of the statute may demand that his shares be redeemed for their fair value. Thus, a shareholder may force his way out of a corporation that is taking certain significant action with which the shareholder does not agree.

Dora Said:

Accounting help: Proxy...authorized capital stock...cost of goods sold...statements of stockholder's equity?

We Answered:

All of these items can be found in the glossary or index of your textbook.

A. legal form to transfer voting rights
proxy
B. comparison of the same items for two or more accounting periods
horizontal analysis
C. accounting information to be compared between two fiscal periods
Comparability
D. preference over common stock
preferred stock
E. the maximum number of shares a corporation may issue
authorized capital stock
F. changes in all stockholders’ equity accounts
statements of stockholders’ equity
G. period used for comparison
base period
H. cost of goods sold
cost of goods sold
I. dividends
earnings distributions
J. relationship of items from one period to another
vertical analysis

George Said:

How many wpm can you type?

We Answered:

60 wpm

Philip Said:

What happens if I don't vote as a shareholder?

We Answered:

Brokerage won't vote. If you don't vote, by default you are agreeing with whatever officers of the company are proposing. So really you are shooting yourself in the foot, especially if you don't read what they are throwing at you.

Rival

Ronald Said:

Can you Proxy yourself TO BE PRESENT, ONLY TO MEET QUORUM REQUIREMENTS OF A MEETING?

We Answered:

Proxy can be allowed to vote if tolerated in the constitution and by-laws of the association and company.