A Few Key Findings
·The majority of survey respondents (60%) state that their companies do not permit Board members to engage directly with shareholders (defined as in-person or via telephone).
·Within companies that do allow direct communication, 65% state that any Board member may speak directly, while 35% state that only certain Board members may speak directly to shareholders.
·Within companies that do allow direct communication, 57% indicate that a member of management is not required to be present during these discussions.  
·In general, as market cap increases, so does the likelihood that only certain Board members may speak with shareholders and that management’s presence is required...