In the past decade amidst accounting scandals and changes in the listing exchanges’ requirements, researchers have observed significant increases year-on-year in the frequency of board meetings held by S&P 1500 companies. Last year, however, researchers say the pattern seems to have disappeared. The average number of meetings held last year fell to 7.8 from 8.3 in 2008.
“Boards are now most likely to meet between four and six times per year,” according to the 2011 Board Composition Series Report published by executive compensation data research firm, Equilar. The result was observed from its study of 1,169 companies in the S&P 1500.
