City Judges Companies On Honesty And Performance

City analysts and investors are increasingly judging companies on their honesty and integrity, according to a new report by MORI. The report, commissioned by the Investor Relations Society (IRS) shows one third (34%) of analysts and almost half (46%) of investors judge senior management on these criteria, a rise of 11 percentage points and three percentage points on last year respectively.

City analysts and investors are increasingly judging companies on their honesty and integrity, according to a new report by MORI. The report -- commissioned by the Investor Relations Society (IRS) -- shows one third (34%) of analysts and almost half (46%) of investors judge senior management on these criteria, a rise of 11 percentage points and three percentage points on last year respectively.

Openness continues to be the number one factor contributing to outstanding relations with the financial community, cited by half (49%) of analysts and more than two in five (44%) investors.

A similar proportion of analysts and investors (45% and 44% respectively) say the FSA's new enforcement powers on disclosure have increased the information they receive from listed companies. Two-fifths (40%) of investors and two-thirds (68%) of analysts believe the quality of corporate investor relations has increased in the past two years.

Technical details

MORI conducted face-to-face interviews among 96 investors, and telephone interviews with 68 analysts, between 17 June-3 September 2002.

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