Investor Relations and Communications: An Overview of Leading Practices in the OECD Area

Mark Dooner and David McAlister
Additional contact information
Mark Dooner: Bank of Canada
David McAlister: Government of Canada

No 6, OECD Working Papers on Sovereign Borrowing and Public Debt Management from OECD Publishing

Abstract: This paper summarizes and discusses results from a survey conducted by the Department of Finance Canada and the Bank of Canada in July 2012 regarding an overview of investor relations (IR) and communications practices of members of the OECD Working Party on Debt Management (WPDM). The survey contained both quantitative and qualitative questions pertaining to IR, grouped into three themes: Definition and Development; Communications Strategy and Relationship Management; and Governance and Sustainability. Survey responses from 26 countries were collected and analyzed under these themes. While the extent of formalization and governance varies, all respondents with outstanding debt indicated that they perform IR activities; comments received suggest a general expansion of IR activities as the function evolves, both as a best practice and for directed, strategic purposes. Responses were collected regarding the most useful IR activities and communication methods conducted by countries, key stakeholder relationships relative to the IR function, and key challenges that include the difficulty in measuring the value of IR, particularly under changing circumstances. Despite the challenges, on-going IR is viewed as an important and effective component of the overall debt management function.

Keywords: sovereign; debt; management (search for similar items in EconPapers)
JEL-codes: G23 H6 M30 (search for similar items in EconPapers)
Date: 2013-01-17
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://doi.org/10.1787/5k4dhnwfxtq6-en (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oec:dafaaf:6-en

Access Statistics for this paper

More papers in OECD Working Papers on Sovereign Borrowing and Public Debt Management from OECD Publishing Contact information at EDIRC.
Bibliographic data for series maintained by ().