Question

Which topics do shareholders have the legal right to vote on? (Check all that apply.)

- charter and bylaw changes
- selecting members of the board of directors
- company mergers and acquisitions

Answer 1

Shareholders of a public company can vote on charter and bylaw changes, the election of the board of directors, and major corporate actions like mergers and acquisitions.

Step-by-step explanation:

Shareholders of public companies have the legal right to vote on several key aspects of a company's operations and strategy. The topics shareholders commonly have a vote on include charter and bylaw changes, selecting members of the board of directors, and significant corporate actions such as company mergers and acquisitions. When a shareholder owns more stock, they have more influence since they can cast more votes, affecting the company's governance structures and strategic decisions.