标题: How often does the Board have to meet? [打印本页] 作者: BC_MBA_student 时间: 2011-7-13 15:29 标题: How often does the Board have to meet?
Schweser says independent directions should meet at least annually, and says the Board should meet regularly. So for the whole board, what does regularly mean--is there any number associated here?作者: comp_sci_kid 时间: 2011-7-13 15:29
companies usually release quarterly results, I assume those people should meet at least quarterly to discuss at least the results. And they get paid for this, so they should do some work :-). I think.作者: ppls 时间: 2011-7-13 15:29
ok yea thats interesting. there was a CFAI EOC Q tht said a board meant "for the first time in 6 months" and the answer was that this was bad corp governance. so for the exam i will assume at least quarterly.
thanks as always for your help.作者: wilslm 时间: 2011-7-13 15:29
I'm pretty sure that the reference to the board meeting annually is that all independent board members should meet at least once annually without any management present.作者: 19831985 时间: 2011-7-13 15:30
yes youre right作者: Rasec 时间: 2011-7-13 15:30
CFAI text mentions them to meet quarterly as showNY mentioned there's EOC question on this too..作者: YAhmed 时间: 2011-7-13 15:30
Quarterly and any time a significant event comes up作者: brainsX 时间: 2011-7-13 15:30
Indep directors at least annually
Full board "frequently" taken to mean quarterly
