I want to know about the cost of maintaining Investor Relations. I am
looking for some explanation and websites that discuss about cost of
it.

Investor Relations contain the following components (but not limited
to):
1. Annual meetings
2. Shareholder and Financial analyst surveys
3. Publicity
4. Other forms of communication such as mailing etc.
5. Investor relations department
6. Annual and Quarterly reports
7. Open house and other site visits

I am interested in knowing about the cost of these components separately.
Also include links for investor relationship management in general.
Help is greatly appreciated.

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Clarification of Question by bhamwhiz-ga on 28 Jun 2002 10:26 PDT

How much percentage of their budget and resources the companies
allocate for investor relations?

Dear Bhamwhiz

Thank-you for posting this question to Google-answers. I have not been
able to find all the information you have requested, but I am posting
this information to help youin your research.


Information on Annual Meetings costs
http://www.carlhagberg.com/articles/stretchambudget.html


IR Budget trends and resourcing
http://www.businesswire.com/fdcolumn/bwir_02252002.pdf

IR Costs
An Australian Example, but the author states that these figures are
applicable to the US. (1 US dollar = 0.56 AUS Dollars)
http://www.cfoweb.com.au/stories/19980701/6212.asp
http://www.cfoweb.com.au/stories/19980701/6216.asp
http://www.cfoweb.com.au/stories/19980701/6217.asp

Excellent sources for information and trends in Investor Relations is
the Magazine - IR (Investor Relations) Magazine (http://www.irmag.com)
and in particular it publishes a number of free guides on the web
which can be found at http://www.irmag.com/static/knowhow/guides.html
and has a discussion forum at
http://www.irmag.com/static/knowhow/ForumList.asp.

You can also find a the current issue and Archives for the IR Mag at
http://www.ironthenet.com/maghome.asp

Other Excellent sources of Information on Investor Relations include
Investor Relations Zone - http://www.irzone.com/
The National Investor Relations Institute - http://www.niri.org/
Investor Relations referral Service -
http://www.irselect.com/links/links.html
IR Expo - http://www.irexpo.com/irexpo/
IR Web Report - http://www.irwebreport.com/
Canadian Investor Relations Institute -
http://www.ciri.org/public_section/index.cfm

Dear Indigoblue,

Thanks for you response. I appreciate your efforts.
Except three links most of them are not informative, atleast for the
purpose of understanding the cost involved in IR. I think the
following are useful resources.
Information on Annual Meetings costs
IR Costs An Australian Example

Guides at the irmag.com or ironthenet.com website are not useful for
my research.

Can you please direct me towards much broader information. I want to
see some articles or peer reviewed journals possibly.

Thanks