Considerations for Directors When Preparing for Discussions With Shareholders

In brief: Direct engagement between directors and investors is appropriate in some situations, and is even preferred by some institutional investors. This guide, produced by Sidley Austin LLP, provides issues for consideration when creating a board-shareholder communications policy and preparing for a discussion with a shareholder.

This resource can help your board:

• Create a board-shareholder communication policy.
• Comply with Regulation Fair Disclosure.
• Justify boardroom decisions to shareholders.
• Accept feedback from shareholders.

Most relevant audiences: Independent directors, lead directors, board chairs, and general counsels