why does the stockholders and members not allowed to have a meeting outside the city where the corporation is located? What is the basis for this?
why does the stockholders and members not allowed to have a meeting outside the city where the corporation is located? What is the basis for this?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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why does the stockholders and members not allowed to have a meeting outside the city where the corporation is located? What is the basis for this?
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Shareholders attend a meeting every year, commonly known as AGM or Annual general meeting. It is the main pillar of how a company's corporate governance works and this meeting should be performed every year.
The agenda of the meeting is decided before commencement. Shareholders make lawful decisions in the meeting that will ultimately help the company to grow. Since shareholders are the owners of the company, they need to be very careful before arriving at any decision.
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