Graphic Design: According to EY – budget planning
It is therefore not surprising that in recent years the IR department has developed into an essential function in the organization of companies listed on the stock exchange.
This has been accompanied by an increasing need for the IR budget.
Approximately 96 percent of companies report increasing or at least unchanged tasks and positions covered by the IR budget in the last five years. More than half of the respondents state that the IR budget today includes more tasks and positions than five years ago and that the scope of the IR budget and tasks has thus increased significantly in recent years.
In particular, the budget available for the IR department covers IR marketing instruments (such as roadshows, Investor Days, the press conference and webcasts), mandatory reporting (preparation, organization and disclosure
from financial reports and capital market notification requirements), costs for service providers and for the AGM.
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EY – Building a better working world
Source of Datas: EY:Budget planning in the Financial Communications and in the disclosure, page. 15. https://bit.ly/3g8FJVI