Answer:
C. The standard of one vote for each share cannot be altered.
Explanation:
Shares are sold to individuals that now obtain ownership rights of a company.
Common share holders are entitled to voting in of new board members and also have the ability to vote for changes in bylaws of the company.
Also common shareholders are shares have different classes with different voting rights.
However it is not true that the standard of one vote for each share cannot be altered.
When more shares are issued by a company it can result in dilution of shares. That means for example if a person has 10,000 shares in a company with 1 million shares, and the company now issues an extra 1 million shares making 2 million in total now.
The shareholder's standard of vote for each share is now halved
Financial managers should strive to maximize the current value per share of the existing stock to represent the interests of the current shareholders.
<h3>What is the functions of the Financial managers?</h3>
Financial managers can be described as the type of managers that are responsible for the financial health of an organization.
They help in the creation of the financial reports as well as directing investment activities, and develop plans , hence Financial managers should strive to maximize the current value per share of the existing stock to represent the interests of the current shareholders.
Learn more on Financial managers at:
brainly.com/question/1279044
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