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1.5 The Role of Investor Relations within Companies

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The International Investor Relations Federation (2008) carried a research on IR Activities. The questionnaire it used to gather data on this matter suggests that IR Professionals can engage in any of the following activities:

(a)Organizing and managing Annual Shareholders Meetings,

(b)Recording and analyzing ownership of shares and bonds,

(c)Collecting and analyzing proxy votes,

(d)Annual Report design, production and text writing,

(e)Producing presentations for the financial markets,

(f)Organizing and attending meetings with investment analysts, credit rating agencies and investors,

(g)Reporting IR Activities to the Executive Committee and the Board of Directors,

(h)Reporting on Corporate Responsibility & Corporate Governance,

(i)Dealing with the financial media,

(j)Writing and distributing ad hoc corporate announcements and,

(k)Managing the corporate & IR website strategy, design and information updates.

The last point takes us to a very important issue which is the Impact of Internet on IR Activities. The author firmly believes IR has been revolutionized by the Internet. Hence, he dedicated a whole section on this impact for the readers’ benefit.

A Review of IR Practices in Bahrain

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