Chapter 6 Common Stocks Proxy fight ● Majority system ● Cumulative systen In the context of a corporation, a method of voting in which a stockholder is permitted to give any one candidate for the board of directors a maximum number of votes equal to the number of shares owned by that shareholder times the number of directors being elected n= 十 D+1Chapter 6 Common Stocks ⚫ Proxy fight ⚫ Majority system ⚫ Cumulative system In the context of a corporation, a method of voting in which a stockholder is permitted to give any one candidate for the board of directors a maximum number of votes equal to the number of shares owned by that shareholder times the number of directors being elected. n=( )+1 ds D+1