Outside director


 

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Outside director

A director of a company who is not an employee of that company and brings in outside experience to help make board decisions.



Outside director

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Director Exception

Director Exception

A proxy or ballot that withholds its votes from one or more, but not all, individuals on the slate of nominated directors.


Director

Director

See: Board of directors.


Directors dealings

Directors dealings

The purchases and sales made by directors of shares in the publicly quoted companies for which they work. It is perfectly legal for directors to buy or sell shares in their own company provided certain rules are observed. The most important rules are:directors are not allowed to use unpublished price sensitive information which they have got from their job to reach a decision about buying and selling shares (insider dealing)directors are not allowed to buy or sell shares in their company for two months before the announcement of results (the 'closed period')The process of tracking directors dealings has been standard practice for some time. It is becoming more and more accepted as a means for identifying stocks with substantial potential. Put crudely, if the directors are buying, they think the shares are undervalued; if they are selling, they think the shares are overvalued.


Board of Directors

Board of Directors

Individuals elected by the shareholders of a corporation who carry out certain tasks established in the shareholders.


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Title given to the person who heads certain international organizations, including the WTO.


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