TMX Equicom, with the assistance of the Canadian Investor Relations Institute (CIRI), conducted a survey aimed at better understanding IR's impact on valuation and what constitutes high-quality IR. The online survey polled members of the Canadian professional investment community and Investor Relations Officers (IROs) across Canada. Key findings of the survey include:
- 98% of respondents from the investment community agree IR has an effect on a company's market valuation.
- 93% of investment community respondents claimed they would pay a premium for a company with more credible IR practices, with 69% indicating they would pay a premium of 10% or more for a company with more credible IR practices.
- 67% of investment community participants said they would assign a discount of 10% or more to a company with less credible IR practices
To access the complete survey results report, please fill out the form below.