Michael Robe, CFA, is a junior analyst for a large financial institution and has been preparing an analysis of United Mines, a coal mining company located in the United States. As part of his research, he examines the company's proxy voting and rules and practices. Which of the following policies would be considered the most restrictive to shareholders?( )
When companies that require shareholder attendance to vote hold their meetings on the same day but in different locations, it prevents shareholders from attending all the meetings and therefore exercising their full voting rights. Answer B is restrictive, but answer C is more so.