A voting share refers to a type of equity security that grants its holder the right to exercise voting privileges in a company's affairs. It is a specific class of common stock issued by a corporation that entitles shareholders to participate in corporate decision-making through voting at general meetings. Voting shares are typically granted to investors or stockholders as a means of allowing them to have a say in the company's management, governance, and major decisions.
The voting rights attached to these shares vary, depending on the corporate structure and the number of shares held by an individual shareholder. Generally, each voting share carries the right to cast one vote in any matter that requires shareholder approval. The voting power possessed by shareholders with voting shares allows them to influence the outcome of decisions made by the company's management, such as the election of directors, approval of important resolutions, mergers and acquisitions, or changes to the company's bylaws.
It is important to note that corporations can also have multiple classes of shares, with different types of voting rights attached to each class. For example, some companies may issue multiple classes of shares, such as "A" shares and "B" shares, where one class carries more voting power than the other.
Overall, voting shares offer shareholders the opportunity to actively participate in corporate decision-making processes and exercise their ownership rights within a company.