Investor Relations and ESG Reporting in a Regulatory Perspective: A Practical Guide for Financial Market Participants
Gespeichert in:
1. Verfasser: | |
---|---|
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Cham
Springer International Publishing AG
2022
|
Ausgabe: | 1st ed |
Schlagworte: | |
Online-Zugang: | HWR01 |
Beschreibung: | Description based on publisher supplied metadata and other sources |
Beschreibung: | 1 Online-Ressource (342 Seiten) |
ISBN: | 9783031058004 |
Internformat
MARC
LEADER | 00000nmm a2200000zc 4500 | ||
---|---|---|---|
001 | BV049408504 | ||
003 | DE-604 | ||
005 | 00000000000000.0 | ||
007 | cr|uuu---uuuuu | ||
008 | 231114s2022 |||| o||u| ||||||eng d | ||
020 | |a 9783031058004 |9 978-3-031-05800-4 | ||
035 | |a (ZDB-30-PQE)EBC7074393 | ||
035 | |a (ZDB-30-PAD)EBC7074393 | ||
035 | |a (ZDB-89-EBL)EBL7074393 | ||
035 | |a (OCoLC)1342501928 | ||
035 | |a (DE-599)BVBBV049408504 | ||
040 | |a DE-604 |b ger |e rda | ||
041 | 0 | |a eng | |
049 | |a DE-2070s | ||
082 | 0 | |a 332.6 | |
100 | 1 | |a Lykkesfeldt, Poul |e Verfasser |4 aut | |
245 | 1 | 0 | |a Investor Relations and ESG Reporting in a Regulatory Perspective |b A Practical Guide for Financial Market Participants |
250 | |a 1st ed | ||
264 | 1 | |a Cham |b Springer International Publishing AG |c 2022 | |
264 | 4 | |c ©2022 | |
300 | |a 1 Online-Ressource (342 Seiten) | ||
336 | |b txt |2 rdacontent | ||
337 | |b c |2 rdamedia | ||
338 | |b cr |2 rdacarrier | ||
500 | |a Description based on publisher supplied metadata and other sources | ||
505 | 8 | |a Intro -- About the Authors -- Testimonials -- Preface -- Acknowledgements -- Introduction -- Contents -- List of Figures -- Abbreviations -- Part I The Financial Markets: An Overview -- 1 The Benefits and Drawbacks of a Stock Market Listing -- What Are the Financial Markets? -- Positive Aspects of a Stock Listing -- Easier Access to Capital -- Liquidity in the Ownership -- Transparency and Servicing Minority Investors and Stakeholders -- Ease of Ownership Transition and Exit Route to Investors -- Credibility and Marketing -- Employee Engagement -- Negative Aspects of a Stock Listing -- References and Sources -- 2 The Formation of Stock Prices -- What Moves the Stock Market? -- Factors that Determine Stock Prices -- Communication with Financial Markets Participants -- Types of Markets and Information -- Risk Premium -- References and Sources -- 3 Ethics in the Financial Markets: Why a Solid IR Framework Is Key -- Acceptable and Unacceptable Information -- Guidelines on Acceptable Information and Expectations Management -- Guidelines on Unacceptable Information -- Reference and Source -- 4 Understanding Valuation Methodology of the Financial Markets -- Valuation Methods of Different Investors -- The Top-Down Perspective -- The Bottom-Up Perspective -- Abbreviations of Financial Reporting -- 5 Integrating ESG in Equity Research -- Embracing tangible ESG -- Academic Literature on Best-in-Class ESG Companies -- ESG in the Cash Flow Analysis -- The Profit and Loss Statement (P& -- L) -- The Balance Sheet (BS) -- The Cash Flow Statement (CF) -- References and Sources -- 6 Valuation Methodology from the Perspective of Different Investor Types -- Dedicated Available Resources Dictate the Methodology -- Types of Investors -- Institutional Investors -- Retail Investors -- Investment Strategies -- Reference and Source | |
505 | 8 | |a Part II The Participants of the Financial Markets -- 7 Understanding the Financial Markets' Stakeholders and Their Motivation -- The Stakeholders on the Financial Markets -- The Regulatory Separation -- Investment Perspectives -- 8 Understanding the Role of Institutional Investors -- Portfolio Managers (PMs) -- Good Performance is the Best Marketing Tool -- A Daily Target of Maintaining an Overview -- Attempting to Find Information Advantages -- Types of Portfolio Managers -- An Investment Universe: Investment Mandates and Themes -- Passive Investors -- 9 How to Communicate with Retail Investors -- Retail Investors -- Investment Banks Are Already Embracing Retail Investors -- Retail Investors in Connection with IPOs -- Communicating with Retail Investors -- Reference and Source -- 10 The Sell-Side/Equity Analysts, Brokers and Corporate Access -- An Overview of How an Investment Bank Works -- Equity Capital Markets (ECM) -- Equity Analysts -- Types of Equity Analyst Research Reports -- Communication Flow of Equity Analysts -- Company Relations with the Equity Analysts -- Equity Analysts' Relationship with Investors -- Brokers (Sales and Trading) -- Economists and Strategists -- The Equity Analyst's Working Day and Private Agenda -- The Daily Relationships-Telephone Contact and Meetings -- Corporate Access: Company Roadshows -- Reference and Source -- 11 Corporate Finance Advisers -- Introduction to Corporate Finance -- Relationship with Corporate Finance Advisers -- Scope of Corporate Finance Advisers -- Project Coordination -- Presentation Materials -- Valuation -- The Corporate Finance Advisor's Expertise in Valuation Plays a Critical Role -- Identification of Buyer/Seller (M& -- A) and Knowledge of the Institutional Investors -- Knowledge of the Financial Markets (IPOs and M& -- A) -- Negotiation -- The Corporate Finance advisor's Fees | |
505 | 8 | |a The Daily Relationships -- Selection of Corporate Finance Advisors and Control of the Transaction Process -- Be Out Well in Advance and in Good Time -- Clarification of Assignments -- Negotiation of Terms -- Evaluation and Selection of the Corporate Finance Advisor -- Management of the Transaction Process -- 12 Considering the Role of Non-financial Markets Stakeholders -- External Stakeholders -- Company Competitors -- Media Relations -- References and Sources -- Part III Major Legislation Themes Related to the European Financial Markets -- 13 How Is Legislation Implemented on the European Financial Markets? -- The EU's Regulatory Wave -- The Context of Financial Legislation -- Timeline of Financial Legislation -- Introduction of Regulatory Frameworks -- MiFID II/MiFIR and MiFIR -- The Framework of MiFID II/MiFIR -- How Does MiFID II/MiFIR Impact Listed Companies? -- (Non-)independent Advisory and Inducements -- Investor Classification -- Conflict of Interest -- Embracing MAR -- What Information Does a Company Need to Disclose Under MAR? -- Delay of Disclosure of Inside Information -- Suspicious Transaction Reporting -- Announcing a Transaction: Market Soundings -- Investment Recommendations -- PDMR Transactions -- Record-Keeping and Insider Lists -- References and Sources -- 14 Learning from the Impact on Financial Markets of Recent Legislation -- Ensuring Fair and Transparent Markets -- Regulatory Impact on Financial Markets -- Effects from Unbundling Research -- Effects on Corporate Governance -- References and Sources -- 15 How to Optimise IR Within the Existing Legal Framework -- Mitigating the Sell-Side Disruptions -- Commissioned Research -- Commissioned Corporate Access -- Independent Digital IR -- 16 The New Wave of ESG Regulatory Framework -- An Apparent Increase in Sustainability -- The EU's Green Deal | |
505 | 8 | |a Major Legislation on Sustainability in the EU -- The EU's Taxonomy -- CSRD (Previously NFRD) -- SFDR -- References and Sources -- Part IV Achieving a Fair Valuation of the Company Through Best-Practice IR -- 17 The IR Function -- Introduction to Best-Practice IR -- Objectives of an IRO -- Two-Way Communication -- The Goal of Achieving a Fair Value -- 18 Deciding on IR Ambitions and Its Success Factors -- The Basics of IR -- The Ambition Level of IR -- Prioritising the Level of IR Ambition -- The Requirements for the IR Officer -- A Regular day of an IR -- Competitor Intelligence -- Targeting of Equity Analysts -- Shareholder Targeting -- 19 IR Within the Organisation -- Reporting to the Senior Management and Board of Directors -- Internal Organisation and Division of Responsibilities -- IR's Reporting Line -- Board of Directors' and management's Role and Involvement in IR -- Collaboration with Internal Line Managers -- Collaboration with the Communication Function -- Examples of Proactive ESG Approaches -- Novo Nordisk -- Rockwool International -- AP Moller Maersk -- References and Sources -- 20 IR's Responsibilities of Implementing Policies and Planning Ahead -- The Annual Reporting Wheel -- Aide Memoire -- IR Plan -- IR Policy -- Financial Guidance and Operational Objectives -- Keeping Up to Date on Disclosure Requirements -- 21 IR Tools to Engage a Company's Stakeholders -- A Best-Practice IR Engagement with Stakeholders -- Internal Q& -- A Material -- Annual Report -- Quarterly Announcements/Trading Statements -- Other Stock Exchange Announcements -- Investor Presentations -- Industry and Sector Information -- Meetings with Investors and Equity Analysts -- Roadshows -- Webcasts -- Capital Market Day (CMD) -- The Company's IR Website -- Benchmarking of IR Relative to the Company's Peers -- Evaluation of IR Function -- Use of IR Consultants | |
505 | 8 | |a Perception Studies -- Who Should Commission an IR Perception Study? -- Digital IR Tools -- 22 Managing the Expectations of the Financial Community -- A Proactive Approach to Managing Expectations -- Equity Analysts -- Investors -- 23 Embracing the Digital World of IR Activities -- Transparency Is Increasing for Retail Investors -- Applying Social Media in IR -- Potential Pitfalls of Digital IR -- Part V IR in Special Situations -- 24 Preparation of Difference Types of IR-Related Contingencies -- A Crisis Communication Contingency (CCP) -- How to Design a CCP -- Formulation of Messages -- Action Plan -- The Employees -- Use and Maintenance of Emergency Preparedness -- Internal Workshops and Crisis Simulation -- 25 Developing a Takeover Response Manual -- Preparing for a Potential Takeover Situation -- An Issues Management Contingency (IMC) -- How to Design an IMC -- Identification of Issues -- Analysis of issues -- Strategy for Changing an Issue to a Non-issue -- Action Plan -- Evaluation of Results -- Use and Maintenance of an Issues' Management Contingency -- A Takeover Response Manual (TRM) -- The Best Protection Against a Takeover -- Stock Exchange Handbook for Issuers -- The Internal Improvement Opportunities -- The External Improvement Options -- A Work Group List -- Keeping the Emergency Plan Up to Date -- Analysis of Shareholder Structure -- Action Plan -- Knowledge of Valuation Is Key During a Takeover -- 26 Valuation in a Takeover Situation and Strategic Alternatives -- The Use of External Advisers -- The Preliminary Agreement with the Corporate Finance Advisor -- Valuation -- Alternative Company and Ownership Structures -- White Knights -- 27 Shareholder Engagement and Monitoring Market Activity -- Corporate Governance -- The Role of IR -- Monitoring Market Activity -- 28 Investor Activism -- A Historic Perspective | |
505 | 8 | |a Investor Activism Today-And Future Trends | |
650 | 4 | |a Corporations-Investor relations | |
650 | 4 | |a Investments | |
700 | 1 | |a Kjaergaard, Laurits Louis |e Sonstige |4 oth | |
776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Lykkesfeldt, Poul |t Investor Relations and ESG Reporting in a Regulatory Perspective |d Cham : Springer International Publishing AG,c2022 |z 9783031057991 |
912 | |a ZDB-30-PQE | ||
999 | |a oai:aleph.bib-bvb.de:BVB01-034735588 | ||
966 | e | |u https://ebookcentral.proquest.com/lib/hwr/detail.action?docID=7074393 |l HWR01 |p ZDB-30-PQE |q HWR_PDA_PQE |x Aggregator |3 Volltext |
Datensatz im Suchindex
_version_ | 1804186132820262912 |
---|---|
adam_txt | |
any_adam_object | |
any_adam_object_boolean | |
author | Lykkesfeldt, Poul |
author_facet | Lykkesfeldt, Poul |
author_role | aut |
author_sort | Lykkesfeldt, Poul |
author_variant | p l pl |
building | Verbundindex |
bvnumber | BV049408504 |
collection | ZDB-30-PQE |
contents | Intro -- About the Authors -- Testimonials -- Preface -- Acknowledgements -- Introduction -- Contents -- List of Figures -- Abbreviations -- Part I The Financial Markets: An Overview -- 1 The Benefits and Drawbacks of a Stock Market Listing -- What Are the Financial Markets? -- Positive Aspects of a Stock Listing -- Easier Access to Capital -- Liquidity in the Ownership -- Transparency and Servicing Minority Investors and Stakeholders -- Ease of Ownership Transition and Exit Route to Investors -- Credibility and Marketing -- Employee Engagement -- Negative Aspects of a Stock Listing -- References and Sources -- 2 The Formation of Stock Prices -- What Moves the Stock Market? -- Factors that Determine Stock Prices -- Communication with Financial Markets Participants -- Types of Markets and Information -- Risk Premium -- References and Sources -- 3 Ethics in the Financial Markets: Why a Solid IR Framework Is Key -- Acceptable and Unacceptable Information -- Guidelines on Acceptable Information and Expectations Management -- Guidelines on Unacceptable Information -- Reference and Source -- 4 Understanding Valuation Methodology of the Financial Markets -- Valuation Methods of Different Investors -- The Top-Down Perspective -- The Bottom-Up Perspective -- Abbreviations of Financial Reporting -- 5 Integrating ESG in Equity Research -- Embracing tangible ESG -- Academic Literature on Best-in-Class ESG Companies -- ESG in the Cash Flow Analysis -- The Profit and Loss Statement (P& -- L) -- The Balance Sheet (BS) -- The Cash Flow Statement (CF) -- References and Sources -- 6 Valuation Methodology from the Perspective of Different Investor Types -- Dedicated Available Resources Dictate the Methodology -- Types of Investors -- Institutional Investors -- Retail Investors -- Investment Strategies -- Reference and Source Part II The Participants of the Financial Markets -- 7 Understanding the Financial Markets' Stakeholders and Their Motivation -- The Stakeholders on the Financial Markets -- The Regulatory Separation -- Investment Perspectives -- 8 Understanding the Role of Institutional Investors -- Portfolio Managers (PMs) -- Good Performance is the Best Marketing Tool -- A Daily Target of Maintaining an Overview -- Attempting to Find Information Advantages -- Types of Portfolio Managers -- An Investment Universe: Investment Mandates and Themes -- Passive Investors -- 9 How to Communicate with Retail Investors -- Retail Investors -- Investment Banks Are Already Embracing Retail Investors -- Retail Investors in Connection with IPOs -- Communicating with Retail Investors -- Reference and Source -- 10 The Sell-Side/Equity Analysts, Brokers and Corporate Access -- An Overview of How an Investment Bank Works -- Equity Capital Markets (ECM) -- Equity Analysts -- Types of Equity Analyst Research Reports -- Communication Flow of Equity Analysts -- Company Relations with the Equity Analysts -- Equity Analysts' Relationship with Investors -- Brokers (Sales and Trading) -- Economists and Strategists -- The Equity Analyst's Working Day and Private Agenda -- The Daily Relationships-Telephone Contact and Meetings -- Corporate Access: Company Roadshows -- Reference and Source -- 11 Corporate Finance Advisers -- Introduction to Corporate Finance -- Relationship with Corporate Finance Advisers -- Scope of Corporate Finance Advisers -- Project Coordination -- Presentation Materials -- Valuation -- The Corporate Finance Advisor's Expertise in Valuation Plays a Critical Role -- Identification of Buyer/Seller (M& -- A) and Knowledge of the Institutional Investors -- Knowledge of the Financial Markets (IPOs and M& -- A) -- Negotiation -- The Corporate Finance advisor's Fees The Daily Relationships -- Selection of Corporate Finance Advisors and Control of the Transaction Process -- Be Out Well in Advance and in Good Time -- Clarification of Assignments -- Negotiation of Terms -- Evaluation and Selection of the Corporate Finance Advisor -- Management of the Transaction Process -- 12 Considering the Role of Non-financial Markets Stakeholders -- External Stakeholders -- Company Competitors -- Media Relations -- References and Sources -- Part III Major Legislation Themes Related to the European Financial Markets -- 13 How Is Legislation Implemented on the European Financial Markets? -- The EU's Regulatory Wave -- The Context of Financial Legislation -- Timeline of Financial Legislation -- Introduction of Regulatory Frameworks -- MiFID II/MiFIR and MiFIR -- The Framework of MiFID II/MiFIR -- How Does MiFID II/MiFIR Impact Listed Companies? -- (Non-)independent Advisory and Inducements -- Investor Classification -- Conflict of Interest -- Embracing MAR -- What Information Does a Company Need to Disclose Under MAR? -- Delay of Disclosure of Inside Information -- Suspicious Transaction Reporting -- Announcing a Transaction: Market Soundings -- Investment Recommendations -- PDMR Transactions -- Record-Keeping and Insider Lists -- References and Sources -- 14 Learning from the Impact on Financial Markets of Recent Legislation -- Ensuring Fair and Transparent Markets -- Regulatory Impact on Financial Markets -- Effects from Unbundling Research -- Effects on Corporate Governance -- References and Sources -- 15 How to Optimise IR Within the Existing Legal Framework -- Mitigating the Sell-Side Disruptions -- Commissioned Research -- Commissioned Corporate Access -- Independent Digital IR -- 16 The New Wave of ESG Regulatory Framework -- An Apparent Increase in Sustainability -- The EU's Green Deal Major Legislation on Sustainability in the EU -- The EU's Taxonomy -- CSRD (Previously NFRD) -- SFDR -- References and Sources -- Part IV Achieving a Fair Valuation of the Company Through Best-Practice IR -- 17 The IR Function -- Introduction to Best-Practice IR -- Objectives of an IRO -- Two-Way Communication -- The Goal of Achieving a Fair Value -- 18 Deciding on IR Ambitions and Its Success Factors -- The Basics of IR -- The Ambition Level of IR -- Prioritising the Level of IR Ambition -- The Requirements for the IR Officer -- A Regular day of an IR -- Competitor Intelligence -- Targeting of Equity Analysts -- Shareholder Targeting -- 19 IR Within the Organisation -- Reporting to the Senior Management and Board of Directors -- Internal Organisation and Division of Responsibilities -- IR's Reporting Line -- Board of Directors' and management's Role and Involvement in IR -- Collaboration with Internal Line Managers -- Collaboration with the Communication Function -- Examples of Proactive ESG Approaches -- Novo Nordisk -- Rockwool International -- AP Moller Maersk -- References and Sources -- 20 IR's Responsibilities of Implementing Policies and Planning Ahead -- The Annual Reporting Wheel -- Aide Memoire -- IR Plan -- IR Policy -- Financial Guidance and Operational Objectives -- Keeping Up to Date on Disclosure Requirements -- 21 IR Tools to Engage a Company's Stakeholders -- A Best-Practice IR Engagement with Stakeholders -- Internal Q& -- A Material -- Annual Report -- Quarterly Announcements/Trading Statements -- Other Stock Exchange Announcements -- Investor Presentations -- Industry and Sector Information -- Meetings with Investors and Equity Analysts -- Roadshows -- Webcasts -- Capital Market Day (CMD) -- The Company's IR Website -- Benchmarking of IR Relative to the Company's Peers -- Evaluation of IR Function -- Use of IR Consultants Perception Studies -- Who Should Commission an IR Perception Study? -- Digital IR Tools -- 22 Managing the Expectations of the Financial Community -- A Proactive Approach to Managing Expectations -- Equity Analysts -- Investors -- 23 Embracing the Digital World of IR Activities -- Transparency Is Increasing for Retail Investors -- Applying Social Media in IR -- Potential Pitfalls of Digital IR -- Part V IR in Special Situations -- 24 Preparation of Difference Types of IR-Related Contingencies -- A Crisis Communication Contingency (CCP) -- How to Design a CCP -- Formulation of Messages -- Action Plan -- The Employees -- Use and Maintenance of Emergency Preparedness -- Internal Workshops and Crisis Simulation -- 25 Developing a Takeover Response Manual -- Preparing for a Potential Takeover Situation -- An Issues Management Contingency (IMC) -- How to Design an IMC -- Identification of Issues -- Analysis of issues -- Strategy for Changing an Issue to a Non-issue -- Action Plan -- Evaluation of Results -- Use and Maintenance of an Issues' Management Contingency -- A Takeover Response Manual (TRM) -- The Best Protection Against a Takeover -- Stock Exchange Handbook for Issuers -- The Internal Improvement Opportunities -- The External Improvement Options -- A Work Group List -- Keeping the Emergency Plan Up to Date -- Analysis of Shareholder Structure -- Action Plan -- Knowledge of Valuation Is Key During a Takeover -- 26 Valuation in a Takeover Situation and Strategic Alternatives -- The Use of External Advisers -- The Preliminary Agreement with the Corporate Finance Advisor -- Valuation -- Alternative Company and Ownership Structures -- White Knights -- 27 Shareholder Engagement and Monitoring Market Activity -- Corporate Governance -- The Role of IR -- Monitoring Market Activity -- 28 Investor Activism -- A Historic Perspective Investor Activism Today-And Future Trends |
ctrlnum | (ZDB-30-PQE)EBC7074393 (ZDB-30-PAD)EBC7074393 (ZDB-89-EBL)EBL7074393 (OCoLC)1342501928 (DE-599)BVBBV049408504 |
dewey-full | 332.6 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 332 - Financial economics |
dewey-raw | 332.6 |
dewey-search | 332.6 |
dewey-sort | 3332.6 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
edition | 1st ed |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>11288nmm a2200481zc 4500</leader><controlfield tag="001">BV049408504</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">231114s2022 |||| o||u| ||||||eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9783031058004</subfield><subfield code="9">978-3-031-05800-4</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-30-PQE)EBC7074393</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-30-PAD)EBC7074393</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-89-EBL)EBL7074393</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1342501928</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV049408504</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-2070s</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">332.6</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Lykkesfeldt, Poul</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Investor Relations and ESG Reporting in a Regulatory Perspective</subfield><subfield code="b">A Practical Guide for Financial Market Participants</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">1st ed</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Cham</subfield><subfield code="b">Springer International Publishing AG</subfield><subfield code="c">2022</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">©2022</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (342 Seiten)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Description based on publisher supplied metadata and other sources</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">Intro -- About the Authors -- Testimonials -- Preface -- Acknowledgements -- Introduction -- Contents -- List of Figures -- Abbreviations -- Part I The Financial Markets: An Overview -- 1 The Benefits and Drawbacks of a Stock Market Listing -- What Are the Financial Markets? -- Positive Aspects of a Stock Listing -- Easier Access to Capital -- Liquidity in the Ownership -- Transparency and Servicing Minority Investors and Stakeholders -- Ease of Ownership Transition and Exit Route to Investors -- Credibility and Marketing -- Employee Engagement -- Negative Aspects of a Stock Listing -- References and Sources -- 2 The Formation of Stock Prices -- What Moves the Stock Market? -- Factors that Determine Stock Prices -- Communication with Financial Markets Participants -- Types of Markets and Information -- Risk Premium -- References and Sources -- 3 Ethics in the Financial Markets: Why a Solid IR Framework Is Key -- Acceptable and Unacceptable Information -- Guidelines on Acceptable Information and Expectations Management -- Guidelines on Unacceptable Information -- Reference and Source -- 4 Understanding Valuation Methodology of the Financial Markets -- Valuation Methods of Different Investors -- The Top-Down Perspective -- The Bottom-Up Perspective -- Abbreviations of Financial Reporting -- 5 Integrating ESG in Equity Research -- Embracing tangible ESG -- Academic Literature on Best-in-Class ESG Companies -- ESG in the Cash Flow Analysis -- The Profit and Loss Statement (P&amp -- L) -- The Balance Sheet (BS) -- The Cash Flow Statement (CF) -- References and Sources -- 6 Valuation Methodology from the Perspective of Different Investor Types -- Dedicated Available Resources Dictate the Methodology -- Types of Investors -- Institutional Investors -- Retail Investors -- Investment Strategies -- Reference and Source</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">Part II The Participants of the Financial Markets -- 7 Understanding the Financial Markets' Stakeholders and Their Motivation -- The Stakeholders on the Financial Markets -- The Regulatory Separation -- Investment Perspectives -- 8 Understanding the Role of Institutional Investors -- Portfolio Managers (PMs) -- Good Performance is the Best Marketing Tool -- A Daily Target of Maintaining an Overview -- Attempting to Find Information Advantages -- Types of Portfolio Managers -- An Investment Universe: Investment Mandates and Themes -- Passive Investors -- 9 How to Communicate with Retail Investors -- Retail Investors -- Investment Banks Are Already Embracing Retail Investors -- Retail Investors in Connection with IPOs -- Communicating with Retail Investors -- Reference and Source -- 10 The Sell-Side/Equity Analysts, Brokers and Corporate Access -- An Overview of How an Investment Bank Works -- Equity Capital Markets (ECM) -- Equity Analysts -- Types of Equity Analyst Research Reports -- Communication Flow of Equity Analysts -- Company Relations with the Equity Analysts -- Equity Analysts' Relationship with Investors -- Brokers (Sales and Trading) -- Economists and Strategists -- The Equity Analyst's Working Day and Private Agenda -- The Daily Relationships-Telephone Contact and Meetings -- Corporate Access: Company Roadshows -- Reference and Source -- 11 Corporate Finance Advisers -- Introduction to Corporate Finance -- Relationship with Corporate Finance Advisers -- Scope of Corporate Finance Advisers -- Project Coordination -- Presentation Materials -- Valuation -- The Corporate Finance Advisor's Expertise in Valuation Plays a Critical Role -- Identification of Buyer/Seller (M&amp -- A) and Knowledge of the Institutional Investors -- Knowledge of the Financial Markets (IPOs and M&amp -- A) -- Negotiation -- The Corporate Finance advisor's Fees</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">The Daily Relationships -- Selection of Corporate Finance Advisors and Control of the Transaction Process -- Be Out Well in Advance and in Good Time -- Clarification of Assignments -- Negotiation of Terms -- Evaluation and Selection of the Corporate Finance Advisor -- Management of the Transaction Process -- 12 Considering the Role of Non-financial Markets Stakeholders -- External Stakeholders -- Company Competitors -- Media Relations -- References and Sources -- Part III Major Legislation Themes Related to the European Financial Markets -- 13 How Is Legislation Implemented on the European Financial Markets? -- The EU's Regulatory Wave -- The Context of Financial Legislation -- Timeline of Financial Legislation -- Introduction of Regulatory Frameworks -- MiFID II/MiFIR and MiFIR -- The Framework of MiFID II/MiFIR -- How Does MiFID II/MiFIR Impact Listed Companies? -- (Non-)independent Advisory and Inducements -- Investor Classification -- Conflict of Interest -- Embracing MAR -- What Information Does a Company Need to Disclose Under MAR? -- Delay of Disclosure of Inside Information -- Suspicious Transaction Reporting -- Announcing a Transaction: Market Soundings -- Investment Recommendations -- PDMR Transactions -- Record-Keeping and Insider Lists -- References and Sources -- 14 Learning from the Impact on Financial Markets of Recent Legislation -- Ensuring Fair and Transparent Markets -- Regulatory Impact on Financial Markets -- Effects from Unbundling Research -- Effects on Corporate Governance -- References and Sources -- 15 How to Optimise IR Within the Existing Legal Framework -- Mitigating the Sell-Side Disruptions -- Commissioned Research -- Commissioned Corporate Access -- Independent Digital IR -- 16 The New Wave of ESG Regulatory Framework -- An Apparent Increase in Sustainability -- The EU's Green Deal</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">Major Legislation on Sustainability in the EU -- The EU's Taxonomy -- CSRD (Previously NFRD) -- SFDR -- References and Sources -- Part IV Achieving a Fair Valuation of the Company Through Best-Practice IR -- 17 The IR Function -- Introduction to Best-Practice IR -- Objectives of an IRO -- Two-Way Communication -- The Goal of Achieving a Fair Value -- 18 Deciding on IR Ambitions and Its Success Factors -- The Basics of IR -- The Ambition Level of IR -- Prioritising the Level of IR Ambition -- The Requirements for the IR Officer -- A Regular day of an IR -- Competitor Intelligence -- Targeting of Equity Analysts -- Shareholder Targeting -- 19 IR Within the Organisation -- Reporting to the Senior Management and Board of Directors -- Internal Organisation and Division of Responsibilities -- IR's Reporting Line -- Board of Directors' and management's Role and Involvement in IR -- Collaboration with Internal Line Managers -- Collaboration with the Communication Function -- Examples of Proactive ESG Approaches -- Novo Nordisk -- Rockwool International -- AP Moller Maersk -- References and Sources -- 20 IR's Responsibilities of Implementing Policies and Planning Ahead -- The Annual Reporting Wheel -- Aide Memoire -- IR Plan -- IR Policy -- Financial Guidance and Operational Objectives -- Keeping Up to Date on Disclosure Requirements -- 21 IR Tools to Engage a Company's Stakeholders -- A Best-Practice IR Engagement with Stakeholders -- Internal Q&amp -- A Material -- Annual Report -- Quarterly Announcements/Trading Statements -- Other Stock Exchange Announcements -- Investor Presentations -- Industry and Sector Information -- Meetings with Investors and Equity Analysts -- Roadshows -- Webcasts -- Capital Market Day (CMD) -- The Company's IR Website -- Benchmarking of IR Relative to the Company's Peers -- Evaluation of IR Function -- Use of IR Consultants</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">Perception Studies -- Who Should Commission an IR Perception Study? -- Digital IR Tools -- 22 Managing the Expectations of the Financial Community -- A Proactive Approach to Managing Expectations -- Equity Analysts -- Investors -- 23 Embracing the Digital World of IR Activities -- Transparency Is Increasing for Retail Investors -- Applying Social Media in IR -- Potential Pitfalls of Digital IR -- Part V IR in Special Situations -- 24 Preparation of Difference Types of IR-Related Contingencies -- A Crisis Communication Contingency (CCP) -- How to Design a CCP -- Formulation of Messages -- Action Plan -- The Employees -- Use and Maintenance of Emergency Preparedness -- Internal Workshops and Crisis Simulation -- 25 Developing a Takeover Response Manual -- Preparing for a Potential Takeover Situation -- An Issues Management Contingency (IMC) -- How to Design an IMC -- Identification of Issues -- Analysis of issues -- Strategy for Changing an Issue to a Non-issue -- Action Plan -- Evaluation of Results -- Use and Maintenance of an Issues' Management Contingency -- A Takeover Response Manual (TRM) -- The Best Protection Against a Takeover -- Stock Exchange Handbook for Issuers -- The Internal Improvement Opportunities -- The External Improvement Options -- A Work Group List -- Keeping the Emergency Plan Up to Date -- Analysis of Shareholder Structure -- Action Plan -- Knowledge of Valuation Is Key During a Takeover -- 26 Valuation in a Takeover Situation and Strategic Alternatives -- The Use of External Advisers -- The Preliminary Agreement with the Corporate Finance Advisor -- Valuation -- Alternative Company and Ownership Structures -- White Knights -- 27 Shareholder Engagement and Monitoring Market Activity -- Corporate Governance -- The Role of IR -- Monitoring Market Activity -- 28 Investor Activism -- A Historic Perspective</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">Investor Activism Today-And Future Trends</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Corporations-Investor relations</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Investments</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Kjaergaard, Laurits Louis</subfield><subfield code="e">Sonstige</subfield><subfield code="4">oth</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe</subfield><subfield code="a">Lykkesfeldt, Poul</subfield><subfield code="t">Investor Relations and ESG Reporting in a Regulatory Perspective</subfield><subfield code="d">Cham : Springer International Publishing AG,c2022</subfield><subfield code="z">9783031057991</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-30-PQE</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-034735588</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://ebookcentral.proquest.com/lib/hwr/detail.action?docID=7074393</subfield><subfield code="l">HWR01</subfield><subfield code="p">ZDB-30-PQE</subfield><subfield code="q">HWR_PDA_PQE</subfield><subfield code="x">Aggregator</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
id | DE-604.BV049408504 |
illustrated | Not Illustrated |
index_date | 2024-07-03T23:05:37Z |
indexdate | 2024-07-10T10:06:16Z |
institution | BVB |
isbn | 9783031058004 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-034735588 |
oclc_num | 1342501928 |
open_access_boolean | |
owner | DE-2070s |
owner_facet | DE-2070s |
physical | 1 Online-Ressource (342 Seiten) |
psigel | ZDB-30-PQE ZDB-30-PQE HWR_PDA_PQE |
publishDate | 2022 |
publishDateSearch | 2022 |
publishDateSort | 2022 |
publisher | Springer International Publishing AG |
record_format | marc |
spelling | Lykkesfeldt, Poul Verfasser aut Investor Relations and ESG Reporting in a Regulatory Perspective A Practical Guide for Financial Market Participants 1st ed Cham Springer International Publishing AG 2022 ©2022 1 Online-Ressource (342 Seiten) txt rdacontent c rdamedia cr rdacarrier Description based on publisher supplied metadata and other sources Intro -- About the Authors -- Testimonials -- Preface -- Acknowledgements -- Introduction -- Contents -- List of Figures -- Abbreviations -- Part I The Financial Markets: An Overview -- 1 The Benefits and Drawbacks of a Stock Market Listing -- What Are the Financial Markets? -- Positive Aspects of a Stock Listing -- Easier Access to Capital -- Liquidity in the Ownership -- Transparency and Servicing Minority Investors and Stakeholders -- Ease of Ownership Transition and Exit Route to Investors -- Credibility and Marketing -- Employee Engagement -- Negative Aspects of a Stock Listing -- References and Sources -- 2 The Formation of Stock Prices -- What Moves the Stock Market? -- Factors that Determine Stock Prices -- Communication with Financial Markets Participants -- Types of Markets and Information -- Risk Premium -- References and Sources -- 3 Ethics in the Financial Markets: Why a Solid IR Framework Is Key -- Acceptable and Unacceptable Information -- Guidelines on Acceptable Information and Expectations Management -- Guidelines on Unacceptable Information -- Reference and Source -- 4 Understanding Valuation Methodology of the Financial Markets -- Valuation Methods of Different Investors -- The Top-Down Perspective -- The Bottom-Up Perspective -- Abbreviations of Financial Reporting -- 5 Integrating ESG in Equity Research -- Embracing tangible ESG -- Academic Literature on Best-in-Class ESG Companies -- ESG in the Cash Flow Analysis -- The Profit and Loss Statement (P& -- L) -- The Balance Sheet (BS) -- The Cash Flow Statement (CF) -- References and Sources -- 6 Valuation Methodology from the Perspective of Different Investor Types -- Dedicated Available Resources Dictate the Methodology -- Types of Investors -- Institutional Investors -- Retail Investors -- Investment Strategies -- Reference and Source Part II The Participants of the Financial Markets -- 7 Understanding the Financial Markets' Stakeholders and Their Motivation -- The Stakeholders on the Financial Markets -- The Regulatory Separation -- Investment Perspectives -- 8 Understanding the Role of Institutional Investors -- Portfolio Managers (PMs) -- Good Performance is the Best Marketing Tool -- A Daily Target of Maintaining an Overview -- Attempting to Find Information Advantages -- Types of Portfolio Managers -- An Investment Universe: Investment Mandates and Themes -- Passive Investors -- 9 How to Communicate with Retail Investors -- Retail Investors -- Investment Banks Are Already Embracing Retail Investors -- Retail Investors in Connection with IPOs -- Communicating with Retail Investors -- Reference and Source -- 10 The Sell-Side/Equity Analysts, Brokers and Corporate Access -- An Overview of How an Investment Bank Works -- Equity Capital Markets (ECM) -- Equity Analysts -- Types of Equity Analyst Research Reports -- Communication Flow of Equity Analysts -- Company Relations with the Equity Analysts -- Equity Analysts' Relationship with Investors -- Brokers (Sales and Trading) -- Economists and Strategists -- The Equity Analyst's Working Day and Private Agenda -- The Daily Relationships-Telephone Contact and Meetings -- Corporate Access: Company Roadshows -- Reference and Source -- 11 Corporate Finance Advisers -- Introduction to Corporate Finance -- Relationship with Corporate Finance Advisers -- Scope of Corporate Finance Advisers -- Project Coordination -- Presentation Materials -- Valuation -- The Corporate Finance Advisor's Expertise in Valuation Plays a Critical Role -- Identification of Buyer/Seller (M& -- A) and Knowledge of the Institutional Investors -- Knowledge of the Financial Markets (IPOs and M& -- A) -- Negotiation -- The Corporate Finance advisor's Fees The Daily Relationships -- Selection of Corporate Finance Advisors and Control of the Transaction Process -- Be Out Well in Advance and in Good Time -- Clarification of Assignments -- Negotiation of Terms -- Evaluation and Selection of the Corporate Finance Advisor -- Management of the Transaction Process -- 12 Considering the Role of Non-financial Markets Stakeholders -- External Stakeholders -- Company Competitors -- Media Relations -- References and Sources -- Part III Major Legislation Themes Related to the European Financial Markets -- 13 How Is Legislation Implemented on the European Financial Markets? -- The EU's Regulatory Wave -- The Context of Financial Legislation -- Timeline of Financial Legislation -- Introduction of Regulatory Frameworks -- MiFID II/MiFIR and MiFIR -- The Framework of MiFID II/MiFIR -- How Does MiFID II/MiFIR Impact Listed Companies? -- (Non-)independent Advisory and Inducements -- Investor Classification -- Conflict of Interest -- Embracing MAR -- What Information Does a Company Need to Disclose Under MAR? -- Delay of Disclosure of Inside Information -- Suspicious Transaction Reporting -- Announcing a Transaction: Market Soundings -- Investment Recommendations -- PDMR Transactions -- Record-Keeping and Insider Lists -- References and Sources -- 14 Learning from the Impact on Financial Markets of Recent Legislation -- Ensuring Fair and Transparent Markets -- Regulatory Impact on Financial Markets -- Effects from Unbundling Research -- Effects on Corporate Governance -- References and Sources -- 15 How to Optimise IR Within the Existing Legal Framework -- Mitigating the Sell-Side Disruptions -- Commissioned Research -- Commissioned Corporate Access -- Independent Digital IR -- 16 The New Wave of ESG Regulatory Framework -- An Apparent Increase in Sustainability -- The EU's Green Deal Major Legislation on Sustainability in the EU -- The EU's Taxonomy -- CSRD (Previously NFRD) -- SFDR -- References and Sources -- Part IV Achieving a Fair Valuation of the Company Through Best-Practice IR -- 17 The IR Function -- Introduction to Best-Practice IR -- Objectives of an IRO -- Two-Way Communication -- The Goal of Achieving a Fair Value -- 18 Deciding on IR Ambitions and Its Success Factors -- The Basics of IR -- The Ambition Level of IR -- Prioritising the Level of IR Ambition -- The Requirements for the IR Officer -- A Regular day of an IR -- Competitor Intelligence -- Targeting of Equity Analysts -- Shareholder Targeting -- 19 IR Within the Organisation -- Reporting to the Senior Management and Board of Directors -- Internal Organisation and Division of Responsibilities -- IR's Reporting Line -- Board of Directors' and management's Role and Involvement in IR -- Collaboration with Internal Line Managers -- Collaboration with the Communication Function -- Examples of Proactive ESG Approaches -- Novo Nordisk -- Rockwool International -- AP Moller Maersk -- References and Sources -- 20 IR's Responsibilities of Implementing Policies and Planning Ahead -- The Annual Reporting Wheel -- Aide Memoire -- IR Plan -- IR Policy -- Financial Guidance and Operational Objectives -- Keeping Up to Date on Disclosure Requirements -- 21 IR Tools to Engage a Company's Stakeholders -- A Best-Practice IR Engagement with Stakeholders -- Internal Q& -- A Material -- Annual Report -- Quarterly Announcements/Trading Statements -- Other Stock Exchange Announcements -- Investor Presentations -- Industry and Sector Information -- Meetings with Investors and Equity Analysts -- Roadshows -- Webcasts -- Capital Market Day (CMD) -- The Company's IR Website -- Benchmarking of IR Relative to the Company's Peers -- Evaluation of IR Function -- Use of IR Consultants Perception Studies -- Who Should Commission an IR Perception Study? -- Digital IR Tools -- 22 Managing the Expectations of the Financial Community -- A Proactive Approach to Managing Expectations -- Equity Analysts -- Investors -- 23 Embracing the Digital World of IR Activities -- Transparency Is Increasing for Retail Investors -- Applying Social Media in IR -- Potential Pitfalls of Digital IR -- Part V IR in Special Situations -- 24 Preparation of Difference Types of IR-Related Contingencies -- A Crisis Communication Contingency (CCP) -- How to Design a CCP -- Formulation of Messages -- Action Plan -- The Employees -- Use and Maintenance of Emergency Preparedness -- Internal Workshops and Crisis Simulation -- 25 Developing a Takeover Response Manual -- Preparing for a Potential Takeover Situation -- An Issues Management Contingency (IMC) -- How to Design an IMC -- Identification of Issues -- Analysis of issues -- Strategy for Changing an Issue to a Non-issue -- Action Plan -- Evaluation of Results -- Use and Maintenance of an Issues' Management Contingency -- A Takeover Response Manual (TRM) -- The Best Protection Against a Takeover -- Stock Exchange Handbook for Issuers -- The Internal Improvement Opportunities -- The External Improvement Options -- A Work Group List -- Keeping the Emergency Plan Up to Date -- Analysis of Shareholder Structure -- Action Plan -- Knowledge of Valuation Is Key During a Takeover -- 26 Valuation in a Takeover Situation and Strategic Alternatives -- The Use of External Advisers -- The Preliminary Agreement with the Corporate Finance Advisor -- Valuation -- Alternative Company and Ownership Structures -- White Knights -- 27 Shareholder Engagement and Monitoring Market Activity -- Corporate Governance -- The Role of IR -- Monitoring Market Activity -- 28 Investor Activism -- A Historic Perspective Investor Activism Today-And Future Trends Corporations-Investor relations Investments Kjaergaard, Laurits Louis Sonstige oth Erscheint auch als Druck-Ausgabe Lykkesfeldt, Poul Investor Relations and ESG Reporting in a Regulatory Perspective Cham : Springer International Publishing AG,c2022 9783031057991 |
spellingShingle | Lykkesfeldt, Poul Investor Relations and ESG Reporting in a Regulatory Perspective A Practical Guide for Financial Market Participants Intro -- About the Authors -- Testimonials -- Preface -- Acknowledgements -- Introduction -- Contents -- List of Figures -- Abbreviations -- Part I The Financial Markets: An Overview -- 1 The Benefits and Drawbacks of a Stock Market Listing -- What Are the Financial Markets? -- Positive Aspects of a Stock Listing -- Easier Access to Capital -- Liquidity in the Ownership -- Transparency and Servicing Minority Investors and Stakeholders -- Ease of Ownership Transition and Exit Route to Investors -- Credibility and Marketing -- Employee Engagement -- Negative Aspects of a Stock Listing -- References and Sources -- 2 The Formation of Stock Prices -- What Moves the Stock Market? -- Factors that Determine Stock Prices -- Communication with Financial Markets Participants -- Types of Markets and Information -- Risk Premium -- References and Sources -- 3 Ethics in the Financial Markets: Why a Solid IR Framework Is Key -- Acceptable and Unacceptable Information -- Guidelines on Acceptable Information and Expectations Management -- Guidelines on Unacceptable Information -- Reference and Source -- 4 Understanding Valuation Methodology of the Financial Markets -- Valuation Methods of Different Investors -- The Top-Down Perspective -- The Bottom-Up Perspective -- Abbreviations of Financial Reporting -- 5 Integrating ESG in Equity Research -- Embracing tangible ESG -- Academic Literature on Best-in-Class ESG Companies -- ESG in the Cash Flow Analysis -- The Profit and Loss Statement (P& -- L) -- The Balance Sheet (BS) -- The Cash Flow Statement (CF) -- References and Sources -- 6 Valuation Methodology from the Perspective of Different Investor Types -- Dedicated Available Resources Dictate the Methodology -- Types of Investors -- Institutional Investors -- Retail Investors -- Investment Strategies -- Reference and Source Part II The Participants of the Financial Markets -- 7 Understanding the Financial Markets' Stakeholders and Their Motivation -- The Stakeholders on the Financial Markets -- The Regulatory Separation -- Investment Perspectives -- 8 Understanding the Role of Institutional Investors -- Portfolio Managers (PMs) -- Good Performance is the Best Marketing Tool -- A Daily Target of Maintaining an Overview -- Attempting to Find Information Advantages -- Types of Portfolio Managers -- An Investment Universe: Investment Mandates and Themes -- Passive Investors -- 9 How to Communicate with Retail Investors -- Retail Investors -- Investment Banks Are Already Embracing Retail Investors -- Retail Investors in Connection with IPOs -- Communicating with Retail Investors -- Reference and Source -- 10 The Sell-Side/Equity Analysts, Brokers and Corporate Access -- An Overview of How an Investment Bank Works -- Equity Capital Markets (ECM) -- Equity Analysts -- Types of Equity Analyst Research Reports -- Communication Flow of Equity Analysts -- Company Relations with the Equity Analysts -- Equity Analysts' Relationship with Investors -- Brokers (Sales and Trading) -- Economists and Strategists -- The Equity Analyst's Working Day and Private Agenda -- The Daily Relationships-Telephone Contact and Meetings -- Corporate Access: Company Roadshows -- Reference and Source -- 11 Corporate Finance Advisers -- Introduction to Corporate Finance -- Relationship with Corporate Finance Advisers -- Scope of Corporate Finance Advisers -- Project Coordination -- Presentation Materials -- Valuation -- The Corporate Finance Advisor's Expertise in Valuation Plays a Critical Role -- Identification of Buyer/Seller (M& -- A) and Knowledge of the Institutional Investors -- Knowledge of the Financial Markets (IPOs and M& -- A) -- Negotiation -- The Corporate Finance advisor's Fees The Daily Relationships -- Selection of Corporate Finance Advisors and Control of the Transaction Process -- Be Out Well in Advance and in Good Time -- Clarification of Assignments -- Negotiation of Terms -- Evaluation and Selection of the Corporate Finance Advisor -- Management of the Transaction Process -- 12 Considering the Role of Non-financial Markets Stakeholders -- External Stakeholders -- Company Competitors -- Media Relations -- References and Sources -- Part III Major Legislation Themes Related to the European Financial Markets -- 13 How Is Legislation Implemented on the European Financial Markets? -- The EU's Regulatory Wave -- The Context of Financial Legislation -- Timeline of Financial Legislation -- Introduction of Regulatory Frameworks -- MiFID II/MiFIR and MiFIR -- The Framework of MiFID II/MiFIR -- How Does MiFID II/MiFIR Impact Listed Companies? -- (Non-)independent Advisory and Inducements -- Investor Classification -- Conflict of Interest -- Embracing MAR -- What Information Does a Company Need to Disclose Under MAR? -- Delay of Disclosure of Inside Information -- Suspicious Transaction Reporting -- Announcing a Transaction: Market Soundings -- Investment Recommendations -- PDMR Transactions -- Record-Keeping and Insider Lists -- References and Sources -- 14 Learning from the Impact on Financial Markets of Recent Legislation -- Ensuring Fair and Transparent Markets -- Regulatory Impact on Financial Markets -- Effects from Unbundling Research -- Effects on Corporate Governance -- References and Sources -- 15 How to Optimise IR Within the Existing Legal Framework -- Mitigating the Sell-Side Disruptions -- Commissioned Research -- Commissioned Corporate Access -- Independent Digital IR -- 16 The New Wave of ESG Regulatory Framework -- An Apparent Increase in Sustainability -- The EU's Green Deal Major Legislation on Sustainability in the EU -- The EU's Taxonomy -- CSRD (Previously NFRD) -- SFDR -- References and Sources -- Part IV Achieving a Fair Valuation of the Company Through Best-Practice IR -- 17 The IR Function -- Introduction to Best-Practice IR -- Objectives of an IRO -- Two-Way Communication -- The Goal of Achieving a Fair Value -- 18 Deciding on IR Ambitions and Its Success Factors -- The Basics of IR -- The Ambition Level of IR -- Prioritising the Level of IR Ambition -- The Requirements for the IR Officer -- A Regular day of an IR -- Competitor Intelligence -- Targeting of Equity Analysts -- Shareholder Targeting -- 19 IR Within the Organisation -- Reporting to the Senior Management and Board of Directors -- Internal Organisation and Division of Responsibilities -- IR's Reporting Line -- Board of Directors' and management's Role and Involvement in IR -- Collaboration with Internal Line Managers -- Collaboration with the Communication Function -- Examples of Proactive ESG Approaches -- Novo Nordisk -- Rockwool International -- AP Moller Maersk -- References and Sources -- 20 IR's Responsibilities of Implementing Policies and Planning Ahead -- The Annual Reporting Wheel -- Aide Memoire -- IR Plan -- IR Policy -- Financial Guidance and Operational Objectives -- Keeping Up to Date on Disclosure Requirements -- 21 IR Tools to Engage a Company's Stakeholders -- A Best-Practice IR Engagement with Stakeholders -- Internal Q& -- A Material -- Annual Report -- Quarterly Announcements/Trading Statements -- Other Stock Exchange Announcements -- Investor Presentations -- Industry and Sector Information -- Meetings with Investors and Equity Analysts -- Roadshows -- Webcasts -- Capital Market Day (CMD) -- The Company's IR Website -- Benchmarking of IR Relative to the Company's Peers -- Evaluation of IR Function -- Use of IR Consultants Perception Studies -- Who Should Commission an IR Perception Study? -- Digital IR Tools -- 22 Managing the Expectations of the Financial Community -- A Proactive Approach to Managing Expectations -- Equity Analysts -- Investors -- 23 Embracing the Digital World of IR Activities -- Transparency Is Increasing for Retail Investors -- Applying Social Media in IR -- Potential Pitfalls of Digital IR -- Part V IR in Special Situations -- 24 Preparation of Difference Types of IR-Related Contingencies -- A Crisis Communication Contingency (CCP) -- How to Design a CCP -- Formulation of Messages -- Action Plan -- The Employees -- Use and Maintenance of Emergency Preparedness -- Internal Workshops and Crisis Simulation -- 25 Developing a Takeover Response Manual -- Preparing for a Potential Takeover Situation -- An Issues Management Contingency (IMC) -- How to Design an IMC -- Identification of Issues -- Analysis of issues -- Strategy for Changing an Issue to a Non-issue -- Action Plan -- Evaluation of Results -- Use and Maintenance of an Issues' Management Contingency -- A Takeover Response Manual (TRM) -- The Best Protection Against a Takeover -- Stock Exchange Handbook for Issuers -- The Internal Improvement Opportunities -- The External Improvement Options -- A Work Group List -- Keeping the Emergency Plan Up to Date -- Analysis of Shareholder Structure -- Action Plan -- Knowledge of Valuation Is Key During a Takeover -- 26 Valuation in a Takeover Situation and Strategic Alternatives -- The Use of External Advisers -- The Preliminary Agreement with the Corporate Finance Advisor -- Valuation -- Alternative Company and Ownership Structures -- White Knights -- 27 Shareholder Engagement and Monitoring Market Activity -- Corporate Governance -- The Role of IR -- Monitoring Market Activity -- 28 Investor Activism -- A Historic Perspective Investor Activism Today-And Future Trends Corporations-Investor relations Investments |
title | Investor Relations and ESG Reporting in a Regulatory Perspective A Practical Guide for Financial Market Participants |
title_auth | Investor Relations and ESG Reporting in a Regulatory Perspective A Practical Guide for Financial Market Participants |
title_exact_search | Investor Relations and ESG Reporting in a Regulatory Perspective A Practical Guide for Financial Market Participants |
title_exact_search_txtP | Investor Relations and ESG Reporting in a Regulatory Perspective A Practical Guide for Financial Market Participants |
title_full | Investor Relations and ESG Reporting in a Regulatory Perspective A Practical Guide for Financial Market Participants |
title_fullStr | Investor Relations and ESG Reporting in a Regulatory Perspective A Practical Guide for Financial Market Participants |
title_full_unstemmed | Investor Relations and ESG Reporting in a Regulatory Perspective A Practical Guide for Financial Market Participants |
title_short | Investor Relations and ESG Reporting in a Regulatory Perspective |
title_sort | investor relations and esg reporting in a regulatory perspective a practical guide for financial market participants |
title_sub | A Practical Guide for Financial Market Participants |
topic | Corporations-Investor relations Investments |
topic_facet | Corporations-Investor relations Investments |
work_keys_str_mv | AT lykkesfeldtpoul investorrelationsandesgreportinginaregulatoryperspectiveapracticalguideforfinancialmarketparticipants AT kjaergaardlauritslouis investorrelationsandesgreportinginaregulatoryperspectiveapracticalguideforfinancialmarketparticipants |