Generally a majority of shares represented is required for quorum; A few states allow the articles of incorporation to set a lower quorum Notice Voting Notice Voting Shareholders elect the directors Shareholders are the owners of the corporation. Shareholders invest equity in the corporation and share in the profits and losses through increased or decreased value of their shares or through distribution of dividends Shareholders act by voting at shareholder meetings. Shareholders elect the directors Shareholders approve or disapprove fundamental changes Shareholders