Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Investor Relations: Viewed from a marketing perspective
Jönköping University, Jönköping International Business School.
Jönköping University, Jönköping International Business School.
2006 (English)Independent thesis Advanced level (degree of Magister), 10 points / 15 hpStudent thesis
Abstract [en]

Introduction: When the American investment bank Morgan Stanley suddenly decide to increase their target stock price of the Ericsson stock by 100 percent, it became the point of origin for our interest in investor relations. In this particular case the increase of target stock price was announced right after new Morgan Stanley analysts started covering the stock. Why this tremendous increase in target stock price, we will probably never know. Perhaps the new analysts perceived the information disclosed from Ericsson’s investor re-lations function different from the prior analyst, and ended up in adjusting the target stock price.

Problem: Stock prices today are very dependent on the market expectations of future company growth. Market actors estimate the potential growth by analysing information disclosed by the company. It has therefore become increasingly important for companies to manage their investor relations with a strategic marketing perspective to be able to meet the internal and external needs. Companies must also present themselves to investors in a way that appeals both on a rational and an emotional level. Once new investors are attracted and old ones are kept, companies must constantly communicate about their performance to uphold investors trust and there by creating or maintain long-term relationships.

Purpose: The purpose is to explore if and how a marketing perspective is applicable when managing investor relations in traded companies.

Method: This study has been conducted with qualitative research method. Collection of empirical data has been done through six semi-structured interviews with directors and managers whom all work with investor relations for their respective company. The six par-ticipating companies are all traded on the Stockholm stock exchange. The collected data were first analysed with the Kotler, Kartajaya & Young (2004) model and secondly ana-lyzed from a relationship marketing point of view.

Analysis: The analysis shows that our sample of companies subconsciously work in align-ment with the Kotler et al. (2004) model and that they also work with different types of re-lationship marketing. Together this provides a holistic image of how traded companies work with a marketing perspective in their investor relations.

Conclusion: After having analysed our empirical findings it is our belief that a marketing perspective is applicable when managing investor relations.

Place, publisher, year, edition, pages
2006. , p. 52
Keywords [en]
Investor relations, Information, Attracting Investors, Relationship Marketing
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:hj:diva-340OAI: oai:DiVA.org:hj-340DiVA, id: diva2:4046
Uppsok
samhälle/juridik
Supervisors
Examiners
Available from: 2006-03-10 Created: 2006-03-10

Open Access in DiVA

fulltext(427 kB)990 downloads
File information
File name FULLTEXT01.pdfFile size 427 kBChecksum MD5
f94b76c004169d2838e1927b0cd2b48a0a77ada61f724d710aa5e847e92566de55e67eef
Type fulltextMimetype application/pdf

By organisation
Jönköping International Business School
Economics and Business

Search outside of DiVA

GoogleGoogle Scholar
Total: 990 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 859 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf