Académique Documents
Professionnel Documents
Culture Documents
2
IR Global Rankings – 2010 Summary
IR Global Rankings
4
Ranking Categories
5
Sample of an IRGR Evaluation Spreadsheet
Contact Information
Responsiveness
Interactivity
Timeliness
Navigability
Content
Total
50,0 15,0 1,0 1,0 7,0 2,0 3,0 2,0 5,0 5,0 2,0 2,0 1,0 1,0 10,0 15,0 10,0 1,0 1,0 4,0 1,0 3,0 2,0 5,0 1,0 4,0 3,0 100,0
23,5 13,5 1,0 1,0 5,5 2,0 1,5 2,0 5,0 5,0 2,0 2,0 1,0 1,0 5,5 6,5 8,0 5-Jan-09 relaciones.inversores@abertis.com
1,0 1,0 3,0 1,0 - 2,0 4,0 - 4,0 3,0 57,00
39,8 9,5 1,0 1,0 3,5 2,0 1,5 - 3,0 3,0 2,0 2,0 1,0 1,0 8,0 13,0 8,5 5-Jan-09 investor.relations@adidas-group.com
1,0 1,0 3,0 1,0 - 2,0 4,5 0,5 4,0 3,0 78,75
36,7 14,0 1,0 1,0 6,0 1,0 3,0 2,0 5,0 5,0 2,0 2,0 1,0 1,0 6,3 11,0 8,5 5-Jan-09 1,0 1,0 3,0 3,0 - 4,5 0,5 4,0 3,0 76,40
26,5 14,0 1,0 1,0 6,0 1,0 3,0 2,0 5,0 5,0 2,0 2,0 1,0 1,0 1,5 12,0 8,5 5-Jan-09 1,0 1,0 3,0 1,0 - 2,0 4,5 0,5 4,0 3,0 62,50
43,0 13,0 1,0 1,0 5,0 2,0 3,0 - 5,0 5,0 2,0 2,0 1,0 1,0 8,0 13,0 9,0 5-Jan-09 ir@all-logistica.com 1,0 1,0 4,0 1,0 3,0 4,0 1,0 - 3,0 86,00
1,5 13,0 1,0 1,0 6,0 2,0 3,0 1,0 5,0 5,0 2,0 1,0 1,0 - - 2,5 4,0 1,0 1,0 - 3,0 - - 3,0 21,00
28,5 12,0 1,0 1,0 5,0 2,0 3,0 - 5,0 5,0 2,0 1,0 1,0 - 2,3 7,5 6,0 5-Jan-09 1,0 1,0 - 5,0 1,0 4,0 3,0 56,25
26,5 12,0 1,0 1,0 5,0 2,0 3,0 - 5,0 5,0 2,0 1,0 1,0 - 4,8 10,0 9,0 5-Jan-09 gmansur@amil.com.br 1,0 1,0 4,0 1,0 3,0 - 4,0 1,0 2,0 3,0 62,25
9,5 8,0 - - 2,0 2,0 - - 5,0 5,0 2,0 1,0 1,0 - 3,3 11,0 6,0 5-Jan-09 AMPServices@computershare.com.au
1,0 1,0 1,0 1,0 - - 4,0 4,0 3,0 37,75
3,0 9,0 - - 3,0 1,0 - 2,0 5,0 5,0 2,0 1,0 1,0 - - 2,0 1,0 5-Jan-09 1,0 1,0 - - - - - 15,00
24,5 12,0 1,0 1,0 4,0 2,0 - 2,0 5,0 5,0 2,0 2,0 1,0 1,0 3,3 12,0 8,5 5-Jan-09 corporatecommunications@arcadis.nl
1,0 1,0 3,0 1,0 - 2,0 4,5 0,5 4,0 3,0 60,25
26,0 8,0 1,0 1,0 2,0 2,0 - - 3,0 3,0 2,0 2,0 1,0 1,0 8,3 13,0 8,0 5-Jan-09 1,0 1,0 3,0 3,0 - 4,0 - 4,0 3,0 63,25
28,5 8,5 1,0 1,0 3,5 2,0 1,5 - 2,0 - 2,0 2,0 1,0 1,0 2,0 8,5 3,5 5-Jan-09 1,0 1,0 - 2,5 0,5 2,0 1,5 51,00
8,0 8,0 1,0 1,0 3,0 2,0 - 1,0 3,0 3,0 2,0 1,0 1,0 - 2,0 11,0 5,0 8-Jan-09 1,0 1,0 - 4,0 - 4,0 3,0 34,00
34,5 12,0 1,0 1,0 5,0 2,0 3,0 - 5,0 5,0 2,0 1,0 1,0 - 6,5 13,0 9,0 5-Jan-09 4823.flavia@bradesco.com.br
1,0 1,0 4,0 1,0 3,0 4,0 - 4,0 3,0 75,00
23,5 12,5 0,5 0,5 5,0 2,0 3,0 - 5,0 5,0 2,0 2,0 1,0 1,0 2,0 10,0 8,0 5-Jan-09 1,0 1,0 3,0 3,0 - 4,0 1,0 2,0 3,0 56,00
22,0 7,0 1,0 1,0 2,0 2,0 - - 3,0 3,0 2,0 1,0 1,0 - - 9,0 5,0 5-Jan-09 CATABOTE@BANCOLOMBIA.COM.CO
1,0 1,0 1,0 1,0 3,0 - 2,0 3,0 43,00
38,3 15,0 1,0 1,0 7,0 2,0 3,0 2,0 5,0 5,0 2,0 2,0 1,0 1,0 8,5 11,0 5,5 5-Jan-09 1,0 1,0 - 4,5 0,5 4,0 3,0 78,25
43,5 10,0 1,0 1,0 2,0 2,0 - - 5,0 5,0 2,0 2,0 1,0 1,0 7,5 14,0 9,0 5-Jan-09 1,0 1,0 3,0 - 3,0 - 5,0 1,0 4,0 3,0 84,00
6
The IR Global Rankings Cycle
IRGR
Registration
Period
Revision and
Evaluation
Update of
Process
IRGR
Best Practices
Benchmark
& Feedback
Report
Reports
Conference
Calls
7
Key IR Global Ranking Points
Individual
Feedback
Reports
Global Benchmark
Transparency
Comparisons
Unique A True
Evaluation
Method and Global Recognition
Ranking System Ranking
8
Summary of the 2010 Edition
9
Breakdown of Participants per Region
Africa Africa
1% 1%
Asia/Pacific
Asia/Pacific North
& 18%
Africa Europe
Europe America
19% 25%
26% 20%
Asia/Pacific
37%
Latin
Latin North
North Latin
America
America America
America
America
34% 19%
36% 20%
21%
Europe
23%
10
Breakdown of Participants per Industry
11
IR Global Rankings 2010
Main Trends
2010 IRGR Highlights
Aftermath of the crisis: improve content
• Content
– Disclosure of Corporate Governance information;
– Investor Days / Meetings’ information;
– Audio and transcripts of conference calls.
Content Corporate Governance
86% 92% 92%
64% 69% 66%60% 64% 77% 79% 83%
71% 75%
51% 55% 54% 63% 61%
46%
35%
Africa Asia/Pacific Europe Latin North Africa Asia/Pacific Europe Latin North
America America America America
13
2010 IRGR Highlights
Back to basics: implement simple features
• Interactivity
– Financial data in downloadable Excel format;
– Social networks, Web 2.0.
Web 2.0 / Social Media
Interactivity 27%
70% 22%
64% 19%
54% 56% 51%
43% 44% 14% 13%
34% 33% 11%
25% 8% 7%
0% 0%
Africa Asia/Pacific Europe Latin North Africa Asia/Pacific Europe Latin America North
America America America
14
Highlights EUROPE
compensation;
– Social Responsibility / Environmental Africa Asia/Pacific Europe Latin North
America America
information.
2010 2009
61%
80%
62% 69% – Price charts: event-centric, comparable
50% 50%
38% 42% to peers and indexes;
17%
– Financial data in downloadable Excel
Africa Asia/Pacific Europe Latin
America
North
America
format;
2010 2009
– Social networks, Web 2.0.
15
IRGR Scores x P/E x Mkt.Cap
25,0 5 35,0
Health Care Technology
30,0
20,0 2
1
25,0
3 4 3
Trailing P/E
Trailing P/E
15,0
4 20,0
10,0 15,0
5
2
10,0
5,0
5,0
- -
65,00 70,00 75,00 80,00 85,00 68,0 70,0 72,0 74,0 76,0 78,0 80,0 82,0
IRGR Score - Website Mkt Cap IRGR Score - Website
18,0 Source: Bloomberg, March 2010
16,0 3 Utilities
14,0
2
1
• Small caps, even with smaller budgets,
12,0
can put together an efficient IR
Trailing P/E
10,0 5
8,0 4
Program with solid results;
6,0
• Global standards convergence is likely
4,0
2,0
to prevail over regional or industry
-
characteristics.
67,0 68,0 69,0 70,0 71,0 72,0 73,0
IRGR Score - Website 16
Questions & Answers
Appendix
Key Technical Criteria For IRGR 2010
IR Website Ranking
19
IR Website Ranking
20
Financial Disclosure Ranking
Financial Disclosure
21
Financial Disclosure Ranking
22
Corporate Governance Ranking
Corporate Governance
23
Corporate Governance Ranking
Proxy voting at
shareholders’
meetings
24
Investors’ Choice Ranking
25
Individual Feedback and Best Practices Report
26