Proper corporate governance normally requires director meetings and shareholder meetings. Appropriate use of existing technologies, and modifications in entity procedures and governance documents, allow Internet communications to be lawfully integrated into director meetings and shareholder meetings.
Typically, state laws require public and private entities to hold director meetings as well as annual meetings of their members to elect directors and act upon other matters properly brought before the meeting. From an entity governance perspective, directors meet to enable them to discharge their responsibility to control the company’s overall situation, strategy and policy, and to monitor the exercise of any delegated authority.
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