voting trust

• Acordo jurídico pelo qual acionistas transferem temporariamente seus direitos de voto a um trustee, geralmente para consolidar o controle de uma corporação.

A legal arrangement where shareholders transfer their voting rights to a trustee, typically to consolidate control over a corporation for a specified period.

1. Corporate control mechanismC1formal

   A legal agreement where shareholders transfer their voting rights to a trustee, who then votes on their behalf, often used to consolidate control or prevent a takeover.

   Mecanismo de controle corporativo

   • The company established a voting trust to prevent a hostile takeover.
   • Shareholders agreed to a voting trust to ensure stable management.
   • The voting trust gave the trustee authority to make key decisions.