INDEX 185disclosure, 2, 9, 11, 44, 47, 62, 65disclosure policy, 12, 33, 150disclosure requirements, 16regulation fair disclosure, 58disposal, 63, 179dissemination, 12, 30, 34, 63, 75, 123, 148, 151distinction, 36, 61, 65, 71distribution, 10, 48, 63, 64, 67, 69, 85, 131, 162,see also annual report; costsdistribution list, 14, 51, 177diversification, 4, 85dividend, 45, 67, 73, 85, 98, 105, 126, 154, 182divisional, 11, 13, 38, 75, 146documentation, 20, 68, 69, 102, 104, 108, 114,127, 131, 140, 142, 143, 144, see also costsdomestic, 1, 6, 28, 44, 47, 60, 64, 71, 82, 129dry run, 10, 12earnings, 3, 5, 9, 10, 15, 42, 60, 64–8, 72–4, 81,84, 90, 93, 98–100, 119, 120–8, 130, 139,145, 152, 159, 161, 173, 178earnings announcement, 8, 16, 93, 125earnings call, 98, 120, 146earnings consensus, 17, 39, 53, 135earnings estimates, forecasts, 16, 36, 53, 90,100, 110, 126, 135, 161, 164earnings growth, 12, 87earnings per share, 3, 53, 112, 113earnings presentation, 46, 81, 122, 143, 173earnings release, 9, 10, 42, 43, 52, 54, 71, 92,98, 112, 115, 119, 145, 146, 171earnings surprise, 113see also consensuseducation, 42, 102, 104electronic voting, 45e-mail, 91, 92, 120, 130, 139, 145, 164, 176, 177,see also alertembargo, 64employee, 4, 6–10, 35, 44, 71, 74, 77, 79, 103,128, 150employee share ownership, 28, 32, 118Employee shareholders, 5, 30, 34, 35, 117see also communications; shareholder; share,share ownershipEnglish, 14, 34, 41, 68, 91, 148, 177environment, 3, 5, 7, 33, 72, 108, 110, 117, 120,150, 160business, operating environment, 102competitive environment, 43, 73, 103, 170equity, 3, 11, 38, 39, 161, see also capitalequity story, 12, 14, see also investment caseestimates, 54, 103, 126, see also analyst;consensus; earnings; forecastsethical, 44, see also code of ethicsevent-driven, 87excellence, 2, 23, 116, 166exchange rates, 5, 57, 65executive committee, 31executive team, 24, 147executives, 10, 12, 14, 25, 32, 34, 61, 65, 92,121–6, 131, 135–49, 153, 156, 164, 182exogenous factors, 70, 103expectations, 1, 7, 14, 19, 25, 30, 45, 72, 87, 90,112, 146, 149, 155, 167fact sheet, 140, 152, 182factbook, 150fee, 50, 82, 141, 149feedback, 5, 16, 39, 50, 77, 123, 137, 140, 144,147, 159, 174, 179financial accounting information, 65, 66financial analysis, 29, 144financial analyst, 10–17, 32, 34–7, 42–9, 64, 68,72, 74, 98, 100, 103, 138, see also analyst;buy-side; sell-sidefinancial announcement, 17, 61, see alsoearnings, earnings announcementfinancial calendar, 17, 18, 39, 78, 93–100, 120,125, 182financial communications, 9, 10, 19, 24, 37, 43,56, 72, 90, 113, 128, 130, 141, 154, 166financial data, 44, 71, 125, 131financial information, 2, 8, 28, 30, 35, 38, 45, 53,56–60, 66, 71, 93, 109, 119, 150, see alsonon-financial informationfinancial institution, 16, 38financial intermediaries, 9, 82financial market, 1, 3, 10, 24–9, 33–7, 43, 56, 59,64, 72, 102, 105, 111, 130, 136, 142, 155financial press, 10, 28, 37, 43, 91, see alsomediafinancial results, 1, 104, 110, 165, see alsoearningsfinancial statements, 4, 8, 61, 65, 73, 93, 100,114, 120, 127, 146, 149financial structure, 72, 173financing, 3, 4, 6, 19, 20, 38, 72, 115, 144, 155,163fixed-income, 21, 38follow-up, 134, 140forecasts, 5, 33, 53, 54, 66, 108, see alsoearnings; estimatesforeignforeign country, 4, 6foreign exchange, 87foreign investor, 6, 68, 82, 84, 86, 129, 134,164foreign market, 30, 41, 44, 72, 125, 163foreign press, 37foreign shareholder, 71, 72, 80, 148see also currencyforward-looking statement, 60, 108, 110, 112
186INDEXfree float, 12, 18, 30, 33, 54, 71, 79, 84, 86,148, 162frequently asked questions, 12, 17, 69, 120, 126,151fund management, 36fund manager, 14, 15, 32, 44, 51, 71, 82, 85, 88,90, 91, 136, 177fundamentals, 86, 106, 175funds under management, 86, see also assetsgenerally accepted accounting principles(GAAP), 107geographic, 6, 15–18, 53, 83, 105–9, 120, 137,161–4global, 1, 30, 53, 84, 122, 149, 173, 178globalization, 74glossary, 10, 102, 124going public, 1, 2, 4, 7, see also initial publicoffering (IPO)governance, 60, 71, 84, 116, 148, see alsocorporate governancegovernment, 1, 37, 60, 152graphics, 41, 55, 121, 124growth, 2, 4, 53, 71, 78, 87, 102, 105, 107growth at a reasonable price (GARP), 87growth drivers, prospects, strategy, 18, 43, 54,90, see also earnings; strategyguidance, 9, 12, 48, 60, 66, 87, 92, 108–12, 144,164, see also forecasts; outlookhalf-yearly, 82, 93hedge fund, 37, 79, 85, 87–9, 137, 139, 178hold, see recommendationholding period, 88, 162holdings, 60, 79, 80, 82, 83, 85, 89, 116, 154honors, 166hostile, 83, 116, 138, see also bidhuman resources, 28, 33, 101, 104, 114, 115, 117hybrid, 3identification of shareholders, 16, 18, 54, 79–83,see also market intelligence; vendor;targetingidentity, 10, 26, 75, 79, 81image, 3, 4, 7, 9, 25, 41, 46, 58, 63, 67, 71, 91,118, 126, 132, 142, 148, 152, 164financial image, 11, 18, 45, 54, 165see also brandincome statement, 65, 120, 128, 157independent, 35, 39, 48, 51, 53, 116, 128, 137index, 52, 87, 172, 182index fund, 87indicator, 57, 105, see also key performanceindicatorindividual shareholder, 1, 35, 45, 124, 148, 153,166, see also retailindustry, 10, 19, 36, 43, 49, 89, 98, 103, 108,123, 150, 173, 175, 177, 182information systems, 8, 24, 44, 55, 57, 83, 109,155in-house, 8, 11, 16, 20, 28, 41, 47, 57, 149initial public offering (IPO), 26, 78, see alsogoing publicinnovation, 75, 101, 123, 152inquiry, 33, 110inside information, 62insider, 34, 59–61, 98, 111, 115, 118, 149, 151institutional investor, shareholder, 5, 12–19,43–7, 68, 82–6, 125–9, 135–8, 149,162–6integrated, 4, 10, 17, 24, 29, 37, 38, 47, 48, 74,75, 130, 157, 161, see also communicationsintegration, 75, 115integrity, 92, 165intelligence, 27, 37interactivity, 125, 153interim, 17, 66, 93internal control, 9, 69, 116, 129international, 1, 2, 4, 13, 28, 34, 44, 49, 53, 57,63, 80, 99, 103, 106, 130, see also capitalmarkets; community; foreigninternational financial reporting standards(IFRS), 57, 128internet, 49, 56, 63, 119, 124, 130, 148, 152, 158interview, 166investigation, 29, 54, 80investment, 2, 11, 25–8, 70, 82–90, 99–101, 117,123–7, 134, 138, 152, 160–8, 173, 178, seealso return on investment; sociallyresponsible investmentinvestment bank, 9, 12, 36, 49, 51, 56, 62,64, 82, 102, 106, 132, 141, 163, see alsobrokerinvestment case, 9, 10, 12, 15, 72, 115, 152investment community, 5, 14, 17, 28, 31, 37, 44,50, 57, 74, 88, 99, 100, 124, 133, 135, 152investment grade, 38investment style, 86–8, 162investor day, 46, 56, 98, 142, 174investor relationsbudget, 55–7goals, 25investor relations officer (IRO), 5, 40–4investor relations program, 3, 16–18, 20, 26,30, 38–44, 51, 141, 149, 160–5, 169investor relations team, 9, 15, 28, 32, 45–7, 75,89, 115, 135, 145, 148, 156, 163, 167, 176IR department, 26, 28, 30–46, 55, 73, 75, 91,131, 133, 137online investor relations, 121–6organization, 11, 20, 26–56, 167responsibilities, 32–40
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INVESTOR RELATIONS
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Investor RelationsPrinciples and In
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ContentsList of IllustrationsIntrod
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CONTENTSvii3.3 Understanding Market
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CONTENTSix4 Measuring The Value Of
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IntroductionAll things being equal,
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INTRODUCTIONxiiion the primary mark
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CHAPTER 1Competing forCapitalBringi
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COMPETING FOR CAPITAL 3FoundersShar
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