20 Facts About Proxy voting

1.

Proxy voting is a particularly important practice with respect to corporations; in the United States, investment advisers often vote proxies on behalf of their client accounts.

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2.

Proxy voting is an important feature in corporate governance through the proxy statement.

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3.

Two real-life examples of weighted Proxy voting include the Council of Ministers of the European Union and the US Electoral College.

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4.

Until the Republican reforms of 1995 banished the practice, proxy voting was used in US House of Representatives committees.

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5.

Proxy voting did not always cast these proxy votes the same way, instead following the instructions of individual MPs.

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6.

Thomas E Mann and Norman J Ornstein write, "In a large and fragmented institution in which every member has five or six places to be at any given moment, proxy voting is a necessary evil".

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7.

One of the criticisms of proxy voting is that it carries a risk of fraud or intimidation.

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8.

Proxy voting can eliminate some of the problems associated with the public choice dilemma of bundling.

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9.

Proxy voting had only been available to military personnel since World War II, but was extended in 1970 and 1977 to include voters in special circumstances such as northern camp operators, fishermen, and prospectors.

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10.

Proxy voting became an issue in relation to many of the Wenzhou people doing business outside.

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11.

Proxy voting played an important role in Guyana politics in the 1960s.

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12.

Indeed, traces of the practice of proxy voting remained in Connecticut's election laws until the final supersedure of her charter in 1819.

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13.

Proxy voting was used in Long Island, New York as well, at that time.

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14.

Proxy voting was used in some American US presidential nominating caucuses.

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15.

Presently, proxy voting is illegal, but it has nonetheless been occurring since before 1989.

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16.

Proxy voting is automatically prohibited in organizations that have adopted Robert's Rules of Order Newly Revised or The Standard Code of Parliamentary Procedure as their parliamentary authority, unless it is provided for in its bylaws or charter or required by the laws of its state of incorporation.

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17.

Robert's Rules says, "If the law under which an organization is incorporated allows proxy voting to be prohibited by a provision of the bylaws, the adoption of this book as parliamentary authority by prescription in the bylaws should be treated as sufficient provision to accomplish that result".

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18.

Proxy voting is commonly used in corporations for voting by members or shareholders, because it allows members who have confidence in the judgment of other members to vote for them and allows the assembly to have a quorum of votes when it is difficult for all members to attend, or there are too many members for all of them to conveniently meet and deliberate.

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19.

Proxy voting is said to have some anti-deliberative consequences, in that proxy holders often lack discretion about how to cast votes due to the instructions given by their principal.

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20.

Delegate Proxy voting is used by the Swedish local political party Demoex.

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