How often should regular meetings of stockholders be held?

Regular meetings of stockholders are essential for ensuring effective corporate governance and communication between the management and the stakeholders. According to the Revised Corporation Code, these meetings must be held at least once a year. This requirement is put in place to allow stockholders the opportunity to receive updates on the company’s performance, vote on important matters, and exercise their rights within a structured environment.

Holding annual meetings ensures that all stockholders are informed about the company’s progress, finances, and any strategic changes that may affect their investments. It also complies with statutory requirements and helps maintain transparency and accountability within the corporate structure. While more frequent meetings (monthly, quarterly, or biannually) may be beneficial for some organizations, the law mandates at least one meeting per year to ensure governance standards are upheld. This annual gathering allows stockholders to engage with management and participate actively in the stewardship of the company.