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What (who) is cumulative voting - definition
MULTIPLE-WINNER VOTING METHOD INTENDED TO PROMOTE MORE PROPORTIONAL REPRESENTATION THAN WINNER-TAKE-ALL ELECTIONS
Accumulative voting; Allocation voting; Cumulative Voting; Multi-voting; Cumulative vote
cumulative voting
n. in corporations, a system of voting by shareholders for directors in which the shareholder can multiply his voting shares by the number of candidates and vote them all for one person for director. This is intended to give minority shareholders a chance to elect at least one director whom they favor. For example, there are five directors to be elected, and 10,000 shares issued, a shareholder with 1,000 shares could vote 5,000 for his candidate rather than being limited to 1,000 for each of five candidates, always outvoted by shareholders with 1,001 or more shares.
cumulative voting
¦ noun a system of voting in an election in which each voter is allowed as many votes as there are candidates.
Cumulative voting
Cumulative voting (also accumulation voting, weighted voting or multi-voting) is a multiple-winner method intended to promote more proportional representation than winner-take-all elections such as block voting or first past the post. Cumulative voting is used frequently in corporate governance, where it is mandated by some (7) U.
Wikipedia
Cumulative voting
Cumulative voting (also accumulation voting, weighted voting or multi-voting) is a multiple-winner method intended to promote more proportional representation than winner-take-all elections such as block voting or first past the post. Cumulative voting is used frequently in corporate governance, where it is mandated by some (7) U.S. states (see e.g., Minn. Stat. Sec. 302A.111 subd. 2(d).).
