Indian Polity · Proxy
In corporate governance, what does the term 'proxy' refer to?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The financial compensation paid to board members for attending annual general meetings.
- 2A written authorization given by a shareholder to another person to represent and vote their shares at a meeting.✓
- 3The legal process of liquidating a company's non-performing assets during bankruptcy.
- 4An official corporate credit rating issued by an international credit rating agency.
Correct answer
A written authorization given by a shareholder to another person to represent and vote their shares at a meeting.
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