IR budgets and department structure

Budgets everywhere have been put under strain. IROs worldwide report increasing scrutiny of return on investment as a lasting legacy of the financial crisis. IR vendors, meanwhile, complain of increased competitiveness in the market for IR services, as issuers increasingly drive harder bargains with their suppliers to achieve better-value services. The survey reveals a wide range of IR budgets around the world with large variations in the proportion of budgets allocated to external IR support. The