Chapter 15 - Meetings Of The Board And Its Committees 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 Articles
3
Q
What is the main risk associated with having professional advisers present at all directors’ 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
