Chapter 15 - Meetings of the board and its commitee Flashcards
1
Q
Who can elect the chairman of the board?
A
The Directors
2
Q
Where are the rules and procedures governing the holding of directors meetings?
A
The company’s Artciles
3
Q
What is the main risk associated with having professional advisers present at all director’s meetings?
A
Might be deemed to be a shadow director
4
Q
What do committees of the board, and especially non-executive members contribute to the board?
A
More in-depth analysis and review of topics. Committee members tend to have greater experience / interest in the committee’s brief than the full board.
