Public Listed Companies and Fund Managers - Academic ...

Norraidah Abu Hasan et al.
and the other 42% in other departments such as the corporate affairs and the corporate
planning/strategic section.
Table 2: Demographic profile (public listed companies)
Number Percentage (%)
Companies with establishment of investor relations program
Yes
No
Years of establishment of investor relations programs
Over 2-4 years
Over 4-6 years
Over 6-8 years
Companies with designated investor relations Officer
Internal investor relations officer
External investor relations
Companies with an investor relations department or section
Investor relations department
Company secretarial department
Accounts/Finance department
Others
Table 3 below shows the demographic profile of fund managers:
Table 3: Demographic profile (fund managers)
Attributes Numbers Percentage (%)
Gender: Male
20
43
Female
Age:
26
57
20-29 years
20
43
30-39 years
22
48
40-49 years
4
9
Years of experience:
Within 2 years
Over 2-5 years
Over 5-10 years
Over 10 years
Based on the table 3, the sample of the fund managers consist of 57% females and 43% males.
There is unequal distribution of gender for the fund managers as the percentage of male is less than
that of female. Moreover, from the table, it can be seen that 43% of staff the ages of between 20 to 29
years old, 48% in the ages between 30 to 39 years and 9.8% are between 40-49 years. Thus, most of
the respondents are between the ages of 30-39 years. Furthermore, more than 50% of the
respondents have an experience in investment analysis for 2-5 years, 20% of them have more than
10 years experience and the rest of them within two years experiences in investment analysis.
5. Result and findings
To study whether there are gaps between public listed companies’ perceptions on their investor
relations programs and fund managers’ expectation on the companies’ investor relations programs.
The gap analysis was used to address the third objective and the research question number five. Gap
can be calculated by deducting mean score of fund managers and companies (Parasuraman, Berry,
4
5
26
6
9
38
3
12
21
8
37
4
5
4
15
17
11
56
13
20
93
7
29
51
20
90
10
12
10
37
42