What rights do shareholders generally have regarding voting on company matters?

Shareholders generally possess the right to vote on a variety of significant company matters, which is fundamental to their role in corporate governance. This voting right allows them to influence important decisions, including the election of the board of directors, approval of mergers and acquisitions, changes to the company’s articles of association, and other major corporate actions.

The rationale behind this is that shareholders are partial owners of the company, and their ability to vote helps ensure that their interests are represented in the company’s management decisions. This process is typically facilitated during annual general meetings or extraordinary meetings where resolutions are put forward for shareholder consideration and decision.

While there are some exceptions depending on specific shareholder classifications (for instance, some classes of shares may not carry voting rights), the general principle is that ordinary shareholders do have the right to vote on a range of issues laid out in corporate governance frameworks. Hence, the assertion that shareholders possess the right to vote on all resolutions aligns with the foundational principles of corporate law and reflects the typical rights associated with ordinary shares.