Abstract
This paper is based on a large and comprehensive survey of the investor relations process in large UK companies. The survey was primarily designed to investigate investor relations, secondarily to explore links between investor relations procedures and improvements in corporate governance. Of the independent variables, the size of company has the greatest association with measures of well organised and controlled investor relations. The use of a non–executive chairman also has a positive association. The proportion of non–executive directors does not appear to influence whether investor relations are well organised and successful.
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