The new paradigm of investor relations in which corporate governance is the centerpiece of financial communications
If the 1990s were the decade of shareholder value, now is the era of corporate governance. Enron, WorldCom, Tyco and the rest of the big bad guys have transformed the investment world into one in which governance is a valuation criterion up there next to the numbers. IROs responsible for telling the equity story need a whole new approach. Recent research shows more institutional investors will take a firm stance on key issues like board independence, executive compensation, stock options and
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