Final answer:
A proxy is the form that allows a shareholder to vote on their behalf at shareholder meetings, which is relevant for electing the board of directors in public companies.
Step-by-step explanation:
The form that permits a shareholder to exercise the voting rights of his shares is known as a proxy. A proxy is an authorization that allows another person to vote on behalf of the shareholder at shareholder meetings. This is important in public companies where the number of shareholders can be in the thousands or millions. The board of directors is elected by shareholder votes, and the number of votes a shareholder has corresponds to the number of shares they own. Proxies are a common means for shareholders to participate in the governance of a company without needing to attend meetings personally.
The form that permits a shareholder to exercise the voting rights of his shares is a proxy. A proxy is a document that authorizes another person, known as the proxy holder, to vote on behalf of the shareholder at a company's annual general meeting or other shareholder meetings.