Companies are boosting communications with analysts and investors as a strategy to deal with the credit crisis, according to a survey conducted by The Bank of New York Mellon.
The survey, “Global Trends in Investor Relations,” examines how public companies manage investor relations practices in the current economic climate.
- 90 percent of respondents have either maintained or increased communications with analysts and investors because of the volatility in the financial market in the last 18 months.
- North American firms (73 percent) showed the highest tendency to shift investor relations messaging based on credit concerns. Next were Western European firms (70 percent) and Asia-Pacific companies (54 percent).
- 89 percent of companies proactively meet with hedge funds.
- Financial companies (67 percent) led all sectors in increasing their communications.
The full survey is available here.