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Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364

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BuyFindarrow_forward

Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364
Textbook Problem

The Darkroom Windowshade Company has Chapter 17, Problem 36P, The Darkroom Windowshade Company has shares of stock outstanding. The investors in the firm awn the , example  1 shares of stock outstanding. The investors in the firm awn the following numbers of shares: investor 1 has Chapter 17, Problem 36P, The Darkroom Windowshade Company has shares of stock outstanding. The investors in the firm awn the , example  2 shares; investor 2 has Chapter 17, Problem 36P, The Darkroom Windowshade Company has shares of stock outstanding. The investors in the firm awn the , example  3 shares; investor 3 has Chapter 17, Problem 36P, The Darkroom Windowshade Company has shares of stock outstanding. The investors in the firm awn the , example  4 shares; investor 4 has Chapter 17, Problem 36P, The Darkroom Windowshade Company has shares of stock outstanding. The investors in the firm awn the , example  5 shares; investor 5 has Chapter 17, Problem 36P, The Darkroom Windowshade Company has shares of stock outstanding. The investors in the firm awn the , example  6 shares; and investors 6 through 11 have Chapter 17, Problem 36P, The Darkroom Windowshade Company has shares of stock outstanding. The investors in the firm awn the , example  7 shares each. What is the minimum number of investors it would take to vote to change the company's top management? If investors I and 2 agree to vote together, can they be certain of always getting their way in how the company will he run?

To determine

In order to change the company’s top management, the minimum number of investors required to vote is to be determined and in case the investor 1 and 2 decided to vote together, whether the company will run in their way as they are major shareholder is to be determined.

Explanation

The shareholders have the voting rights to change /amend the company policy. But the number of votes depends upon the number of shareholder owns. In this scenario, the company has total number of shares of 100,000 and to take any major decision like change of top management will require 51% of votes ...

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