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CFA Level I · CFA Level I Exam · Equity Jurisdictions, Classes, and the Voting Process

A shareholder who votes on a proposal at a meeting by returning a ballot through a secure online platform before the meeting date is most likely using:

This is electronic voting, in which shareholders submit ballots through a secure online platform instead of attending in person. It broadens participation. A staggered board concerns director terms, and a record date only determines which holders are entitled to vote.

  1. Aa staggered board
  2. Ba record date election
  3. Celectronic votingCorrect

Explanation

Electronic voting lets shareholders cast ballots online or by other electronic means, often in advance or during a virtual meeting, improving participation. A staggered board relates to director terms. A record date determines who is eligible to vote, but it is not a voting method.

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