Finally, an IRO
should construct the rationale for supporting the company in proxy issues and should actively communicate this to institutional and individual investors.
Another role for the IRO
is to be an advocate for the company's position on shareholder-contested issues to the investor community.
That's a good step, and it gives IROs
a lot of opportunities.
Nearly one-half (49 percent) of Fortune 500 IROs
manage IR budgets between $1 million and $2.
The survey reveals that a poorly managed crisis clearly has a negative impact on a company's share valuation, so it is imperative for IROs
to be prepared," Enright continued.
No decision by the IRO
may change the terms of coverage under a health benefit
Committee Chair Frank Barefield will moderate the interactive call, which will include Web conferencing.
Herz, FASB chairman, believes that IROs
should help write the investor communications materials, including the SEC-filed documents.
Bonuses - The proportion of IROs
receiving bonuses increased - 86 percent of those who were eligible to receive a bonus report receiving bonuses for 2009 compared to 82 percent in 2008, though 65 percent report a reduction in bonus amount.
The panel discussion will explore the challenges that IROs
face in working with multiple stakeholders, including sell-side analysts, portfolio managers, corporate management, directors, rating agencies and financial reporters.
A new survey of IROs
, conducted by Korn/Ferry International and the National Investor Relations Institute (NIRI), found that four out of five Fortune 500 IROs
now report into the C-suite.
have faced similar obstacles and say that new credit report restrictions make resident screening even more of a struggle.