Restricted voting right
Restricted voting right is a right under provision that automatically deprives a shareholder of voting rights if the shareholder owns more than a specified amount of stock.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Restricted voting rights. A provision that automatically deprives a shareholder of voting rights if the shareholder owns more than a specified amount of stock.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
