over his study period in the 2000s, listokin found that dissidents' victories in proxy contests did what?

1 answer:

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When a group other than the present management team seeks the ability to vote on shares in order to replace the current management team:proxy Contest

<h3>What exactly is a proxy contest:</h3>

1. A proxy contest is a situation in which a group of a company's shareholders join together to oppose and vote against the incumbent management or board of directors.

2. A proxy conflict, also known as a proxy contest, is a hostile struggle for control of an organization.

3. This usually happens when a company's shareholders express their dissatisfaction with aspects of corporate governance, most often focusing on directors and managers.

4. A proxy contest occurs when a group of shareholders join together in order to assemble enough shareholder representatives to win a corporation's vote.

5. This approach, known as a "proxy contest," is commonly employed for business takeovers.

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