Tooling up

Any IR team hitting the road with a depositary receipt program right now could probably do with a few high-strength Powerbars. The combination of new regulations under Sarbanes-Oxley and a laggard US economy has made for a more challenging environment for foreign issuers looking to raise capital internationally. Still, IR professionals remain convinced that the DR route is the most direct way to tap into broader capital pools.Fu-Fu Shen, head of IR at Taiwan's giant Chunghwa Telecom, saw the immediate