The Perfect Corporate Board: A Handbook for Mastering the Unique Challenges of Small-Cap Companies

CHAPTER 4THE UNLIKELY ROLE OF THE SMALL-CAP BOARD IN INVESTOR MEETINGS AND ROADSHOWS

The Importance of Investor Meetings

Key considerations for directors:

• Preparing for and conducting investor meetings have heightened importance for small-cap companies.

• Small-cap boards should determine what level of involvement they will have in the preparatory process.

• At a minimum, boards should consider reviewing the investor presentation materials with management prior to the actual meetings.

• The less experienced officers are with respect to corporate finance/capital markets, the more board oversight might be required.

Common mistakes to avoid:

• Small-cap directors can often be too deferential to management and banks with respect to preparing for ...