Explanation: an individual shareholder owns such a small portion of the company that if they allowed each such holder to have voting rights, nothing would get done with the company. Thus, there’s usually some threshold that people have to cross before they have voting rights and get to participate in corporate decision making. With some companies, that comes in the form of special voting shares where ownership of only those shares allow you to actually vote. In other companies, if you own a small amount, you vote by proxy, meaning you assign someone else to vote on your behalf.
