stocks]: In principle, the number of shares representing more than half of the nominal capital of a corporation (ordinary majority). Sometimes, however, the qualified majority is also meant, namely as a two-thirds majority or a three-quarters majority. – Under German stock corporation law, a three-quarters majority is required for certain matters, such as dissolution of the company, reduction of capital or amendment of the Articles of Association. – The articles of association (bylaws) of the stock corporation may also provide for certain majority votes (majority voting) for other resolutions. – See Voting Rights Authorization. – Cf. BaFin Annual Report 2008, p. 168 (on the issue of the supervisory aggregation of voting rights).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
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