Last month saw the publication of the IR Magazine Global Investor Relations Practice Report 2013. This is the third consecutive year we have published the report and the ongoing research has given us the opportunity to identify common IR practices and provided us with insight into many trends that have emerged during this period. The past three years, for example, have seen a fall in both IR budgets and the number of IROs in the typical investor relations team.
The 2013 report is based upon the responses of more than 1,200 separate investor relations practitioners over the course of the past year. In this section we provide a broad summary of the practices and trends identified within the report.
Much of the data for this year’s global practice report has been taken from the Q2 2013 round of our Global IRO Survey. Results from the same survey informed this year’s Global Roadshow Report. In this month’s research section we also look at other findings from this survey that, while not included in either report, are nevertheless valuable in their own right.
Over the page we look at the relationship between investor relations and other departmental management. We look at whether departmental or divisional heads communicate directly with investors in the company and how satisfied IROs are with the co-operation between IR and other departments. We also take a look at who IROs think are more important to overall relations with the investment community: CEOs or CFOs.