1, direct voting system:
Direct voting in principle of one share, one vote.
2. Cumulative voting system:
Each shareholder shall vote according to the product of the number of shares with voting rights and the number of elected persons.
Second, the characteristics are different:
1, direct voting system:
Shareholders can only directly vote on these resolutions at one time with the votes of their representatives holding shares.
2. Cumulative voting system:
Voters can vote on this certain number of rights in a centralized or decentralized way.
Extended data
When the cumulative voting system is implemented, the number of votes of shareholders is calculated according to the product of the number of shares held by shareholders and the number of elected directors or supervisors, rather than directly according to the number of shares held by shareholders. Simply put, the number of votes of shareholders is equal to the number of shares held by shareholders multiplied by the number of elected directors or supervisors.
In the direct voting system, because in the process of electing directors and supervisors of the company, candidates can be elected only by obtaining a simple majority (that is, more than 50%), under the direct voting system, major shareholders can take advantage of the large number of shares to make their candidates more easily elected.
Baidu encyclopedia-direct voting system
Baidu encyclopedia-cumulative voting system