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Home > QFINANCE Dictionary > Definition of statutory voting

Definition of

statutory voting

Corporate Governance

system granting one vote per share a system of voting in which stockholders in a company have one vote per share of stock owned

statutory voting - Related Articles
  • Identifying the Right Nonexecutive Director

    Best Practice

    Above all, integrity, teamwork, and trust across the board are paramount. Consensus is ideal, with a vote hardly ever needed. Consequently, these qualities matter most of all in the selection of the chairman of the board or audit committee.
    By Terry Carroll

  • United States of America

    Whitaker's Almanack Country Profiles

    is represented in Congress by a non-voting delegate, who is directly elected for a two-year term. Under the Organic Act of Guam 1950, Guam has statutory powers of self-government. The governor and lieutenant-governor are directly elected for a four-year term. The 15-member unicameral legislature is directly

  • Executive Rewards: Ensuring That Financial Rewards Match Performance

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    of being listed on the appropriate stock exchange. Some of these principles were found in the original voluntary rules of the stock exchanges (for example in the Combined Code of the London Stock Exchange). Statutory provision has reinforced these rules—Directors’ Remuneration Report Regulations 2002 (UK), Sarbanes–Oxley 2002 (US), SEC rules (US), NRE Act 2001 (France), and in Germany, the Cromme Code (2002
    By Shaun Tyson

  • Nothing but Painful Choices Ahead as the Global Debt Supercycle Ends

    Viewpoints

    You cannot vote yourself more debt once the markets are closed to you. Even austerity doesn’t help that much because massive cutbacks provoke a deep depression, and that hammers government tax revenues—which makes it even harder to service debt interests. The market sees this and raises the interest
    By John Mauldin

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Definitions of ’statutory voting’ and meaning of ’statutory voting’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’statutory voting’ and other financial terms with our online QFINANCE Financial Dictionary.

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