Proxy voting

Proxy voting is a form of voting whereby a member of a decision-making body may delegate his or her voting power to a representative, to enable a vote in absence. The representative may be another member of the same body, or external. A person so designated is called a 'proxy' and the person designating him or her is called a 'principal'. Proxy appointments can be used to form a voting bloc that can exercise greater influence in deliberations or negotiations. 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.It is used only in stock corporations where the control is in the majority of the stock, not in the majority of the stockholders. If one person gets control of fifty-one per cent of the stock he can control the corporation, electing such directors as he pleases in defiance of the hundreds or thousands of holders of the remaining stock. The laws for stock corporations are nearly always made on the theory that the object of the organization is to make money by carrying on a certain business, using capital supplied by a large number of persons whose control of the business should be in proportion to the capital they have put into the concern. The people who have furnished the majority of the capital should control the organization, and yet they may live in different parts of the country, or be traveling at the time of the annual meeting. By the system of proxy voting they can control the election of directors without attending the meetings. Proxy voting is a form of voting whereby a member of a decision-making body may delegate his or her voting power to a representative, to enable a vote in absence. The representative may be another member of the same body, or external. A person so designated is called a 'proxy' and the person designating him or her is called a 'principal'. Proxy appointments can be used to form a voting bloc that can exercise greater influence in deliberations or negotiations. 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. The United States parliamentary manual Riddick's Rules of Procedure notes that, under proxy voting, voting for officers should be done by ballot, due to the difficulties involved in authentication if a member simply calls out, 'I cast 17 votes for Mr. X.' Proxy voting is also an important feature in corporate governance through the proxy statement. Companies use proxy solicitation agencies to secure proxy votes. The rules of some assemblies presently forbid proxy voting. For example, in both houses of the U.S. Congress, as well as in most if not all state legislatures, each member must be present and cast his own vote for that vote to be counted. This can result, however, in the absence of a quorum and the need to compel attendance by a sufficient number of missing members to get a quorum. See call of the house. It is possible for automatic proxy voting to be used in legislatures, by way of direct representation (this idea is essentially a form of Weighted voting). For example, it has been proposed that instead of electing members from single-member districts (that may have been gerrymandered), members be elected at large, but when seated each member cast the number of votes he or she received in the last election. Thus, if, for example, a state were allocated 32 members in the U.S. House of Representatives, the 32 candidates who received the most votes in the at-large election would be seated, but each would cast a different number of votes on the floor and in committee. This proposal would allow for representation of minority views in legislative deliberations, as it does in deliberations at shareholder meetings of corporations. Such a concept was proposed in a submission to the 2007 Ontario Citizens' Assembly process. Another example is Evaluative Proportional Representation (EPR) located in Section 5.5.5 in Proportional Representation. It elects all the members of a legislative body. Each citizen grades the fitness for office of as many of the candidates as they wish as either Excellent (ideal), Very Good, Good, Acceptable, Poor, or Reject. Multiple candidates may be given the same grade by a voter. Each citizen elects their representative at-large for a city council. For a large and diverse state legislature, each citizen chooses to vote through any of the districts or official electoral associations in the country. Each grades any number of candidates in the whole country. Each elected representative has a different voting power (a different number of weighted votes) in the legislative body. This number is equal to the total number of highest available grades counted for them from all the voters – no citizen’s vote is 'wasted'. Each voter is represented proportionately. Two real-life examples of weighted voting include the Council of Ministers of the European Union and the US Electoral College. The Parliament of New Zealand allows proxy voting. Sections 155-156 of the Standing Orders of the New Zealand House of Representatives specify the procedures for doing so. A member can designate another member or a party to cast his vote. However, a party may not exercise proxies for more than 25% of its members (rounded upwards). The New Zealand Listener notes a controversial occurrence of proxy voting. The Labour Party was allowed to cast votes on behalf of Taito Phillip Field, who was frequently absent. Theoretically, this was to be allowed only if a legislator was absent on parliamentary business, public business or pressing private business, such as illness or bereavement. Until the Republican reforms of 1995 banished the practice, proxy voting was also used in U.S. House of Representatives committees. Often members would delegate their vote to the ranking member of their party in the committee. Republicans opposed proxy voting on the grounds that it allowed an indolent Democratic majority to move legislation through committee with antimajoritarian procedures. That is, the Democratic leader in the committee would successfully oppose the sitting Republican majority by wielding the proxies of absent Democrats.