Proxy voting is a method that allows a person to delegate their voting power to another individual, known as a proxy. This is commonly used in corporate settings, where shareholders can appoint someone to vote on their behalf during meetings. This ensures that even if a shareholder cannot attend, their voice and preferences are still represented. In addition to corporate governance, proxy voting is also utilized in political elections. Voters may choose to authorize a trusted individual to cast their ballot for them, ensuring their opinions are counted even if they are unable to vote in person. This practice helps increase participation in decision-making processes.