How To Conduct A Board Of Directors Meeting
The Chairman of Directors presides over the board of directors meeting. The shareholders and directors appoint this chairman. It is this chairman, who calls the meeting of the board of directors. The chairman calls the meeting to discuss those things, which need attention. The chairman sends prior notice of the meeting to the participants about the day, time, and venue of the meeting.
Initiating A Board Of Directors Meeting Below is a list of formalities that must be observed at a Board Meeting.
1. The chairman must compile a comprehensive list of participants in the meeting. All the participants must be carefully noted to avoid leaving anyone out of the meeting. 2. The chairman must issue a notice of the meeting to all the participants containing the venue, the time, and a brief agenda of the meeting. The participants in the meeting should make a courtesy call reconfirming their intent to be present at the meeting.
3. The chairman must formulate and circulate a detailed agenda of the meeting among the participants, giving them a brief summary of what is expected for the meeting
March 14 2011 | Independent Directors – A Glasnost For Company’S Board | Comments Off