Company's Annual Report Is Most Important Source of Information for Investor Research; Canadian Investor Relations Institute and PrecisionIR Announce the Results of Investor Survey.RICHMOND, Va. -- PrecisionIR, from WILink plc (LSE LSE - Language Sensitive Editor : WLK WLK We Love Katamari (game) WLK Windows Logo Key ), a worldwide provider of web-based communication solutions and online investor relations Investor relations The process by which the corporation communicates with its investors. services and the Canadian Investor Relations Institute (CIRI CIRI Canadian Investor Relations Institute CIRI Cook Inlet Region, Incorporated ), a professional, not-for-profit association of executives responsible for communication between public corporations, investors and the financial community, announced the results of their joint survey to investors about investment research habits. Over 200 investors participated in the September 2005 survey which was developed to give public companies feedback on meeting investors' needs for information. Investors ranked the Annual Report as the most valuable source of information for their investment decisions. Corporate news releases, quarterly reports, analyst reports, and corporate websites followed in importance. Other trends included: --92% of investors read the annual reports of companies in which they are currently invested --88% review annual reports of companies they are considering for investment --86% of investors say they are using annual reports for investment research as much as or more often than last year --80% of investors preferred a professionally printed, hard copy annual report over an electronic download "This study clarifies how investors want to be communicated with and public companies cannot afford to ignore their investors' demands despite the costs involved," says Bob Tait, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the Canadian Investor Relations Institute. "Public companies are faced with many choices in how they communicate with their shareholders and CIRI is dedicated to giving investor relations professionals the tools to make the right decisions. It is never the wrong decision to provide investors what they want in the form they prefer." In terms of content within the annual report, 65% of investors would like to see more information on Corporate Governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. included in annual reports, and 44% want more information on environmental compliance. Investors ranked the financial statements and notes most important with management's discussion and analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial next, followed by the review of business segments. "Even with all the third party information available via the Internet, investors still want to review the details presented straight from the companies through their annual reports." said J. Patrick Galleher, chief executive officer of WILink, plc. "Many companies are trying to reduce the amount they spend on annual reports, but they should consider how their annual report will impact investors' perceptions." Investors also weighed in on their preference for attending company presentations via the Internet versus the phone, with 45% preferring webcast presentations, 32% in-person presentations and 6% via teleconference. To order the complete findings, visit CIRI's website at http://www.ciri.org/resources/library/ciri_publications/?item_id=340 or call PrecisionIR at 804-327-3410 for more information. About WILink WILink plc (www.wilink.com) provides web-based communication solutions and online investor relations services. Since 1989, WILink has helped clients such as Hewlett Packard, Deutsche Telecom and BP improve the effectiveness of their investor communications. WILink's services include PrecisionIR(TM) (www.precisionir.com) and PrecisionFM(TM) (www.precisionfm.com) investor-communication programs that enable publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. and mutual funds to deliver compelling communications to a targeted audience of investors. WILink's Vcall(R) (www.Vcall.com) webcasting and web conferencing A videoconferencing session via the Internet. In order to interact with other participants, attendees use either a Web application or an application downloaded into their client machines. provides innovative technology and professional service that enables organizations to create compelling and influential web events. About CIRI The Canadian Investor Relations Institute (CIRI) is a professional, not-for-profit association of executives responsible for communication between public corporations, investors and the financial community. CIRI is dedicated to advancing the stature stature /sta·ture/ (stach´ur) the height or tallness of a person standing.stat´ural stat·ure n. The height of a person. stature the height of an animal in the standing position. and credibility of the investor relations profession and the competency COMPETENCY, evidence. The legal fitness or ability of a witness to be heard on the trial of a cause. This term is also applied to written or other evidence which may be legally given on such trial, as, depositions, letters, account-books, and the like. 2. of its members. |
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