Managing the narrative: Investor relations officers and corporate disclosure Academic Article

abstract

• 2018 Elsevier B.V. Investor relations officers (IROs) play a central role in corporate communications with Wall Street. We survey 610 IROs at U.S. public companies and conduct 14 follow-up interviews to deepen our understanding of the role of IROs in corporate disclosure events. Three important themes emerge from our results: (i) the value, nature, and timing of private communication between IROs, analysts, and investors; (ii) the significant influence IROs have on corporate disclosures; and (iii) the degree of theater involved in public earnings conference calls, even the Q&A portion. We provide insights into the investor relations, analyst, institutional investor, and disclosure literatures.

authors

• Sharp, Nathan

published proceedings

• JOURNAL OF ACCOUNTING & ECONOMICS

author list (cited authors)

• Brown, L. D., Call, A. C., Clement, M. B., & Sharp, N. Y.

citation count

• 83

complete list of authors

• Brown, Lawrence D||Call, Andrew C||Clement, Michael B||Sharp, Nathan Y

publication date

• January 2019

publisher

• Elsevier  Publisher

published in

• Journal of Accounting and Economics  Journal

keywords

• Disclosure
• Institutional Investors
• Investor Relations
• Investor Relations Officers
• Sell-side Analysts

Digital Object Identifier (DOI)

• 10.1016/j.jacceco.2018.08.014

start page

• 58

end page

• 79

volume

• 67

issue

• 1

URL

• http://dx.doi.org/10.1016/j.jacceco.2018.08.014