What do inspection rights of stockholders allow?

Inspection rights of stockholders specifically grant them the authority to access and review certain records maintained by the company. This is an important aspect of corporate governance, as it ensures transparency and enables shareholders to evaluate the company's operations and financial health. The records that stockholders can typically inspect may include minutes of meetings, bylaws, and financial statements.

This right is crucial for shareholders who wish to obtain detailed information about the company's performance and decisions, allowing them to make informed judgments regarding their investments. By having the ability to inspect these records, stockholders can hold management accountable and advocate for their interests effectively.

The other options relate to different rights that stockholders may have, but they do not pertain to inspection rights specifically. For instance, the ability to buy additional shares concerns purchasing power, while liquidation rights involve a company's dissolution process. Voting privileges relate to governance and decision-making but do not include the right to inspect corporate records.