This paper focuses on investor relations (IR) as an element of companies' communication with the external environment. It shows the place and role of IR in communication with the general market, and the stock excha...This paper focuses on investor relations (IR) as an element of companies' communication with the external environment. It shows the place and role of IR in communication with the general market, and the stock exchange market in particular. The study is illustrated with an example of IR in Poland, a relatively new European Union (EU) member state and an emerging market. As can be seen, IR goes beyond the traditionally understood maintenance of communication with the capital market. It is also shown that the main role of IR ought to be the reduction of investment risk and enhancement of the companies' value, which is of particular significance in light of the current globalization of capital markets. It has been found that Polish companies, especially those listed on the Warsaw Securities Exchange (WSE), commonly rely on IR as a means of communication with the environment. And yet, as the results of the analysis show, the quality of that communication is still far from satisfactory, despite efforts undertaken by various external entities to encourage more focus on the development of IR, or understanding of the company's relevant staff of its important role.展开更多
In order to examine the effects of avoiding reputation damage by investor relations management under certain corporate governance structures and mechanisms, samples of 1120 listed companies are used to research the in...In order to examine the effects of avoiding reputation damage by investor relations management under certain corporate governance structures and mechanisms, samples of 1120 listed companies are used to research the influence on financial restatements by corporate governance. Then the moderating effects of investor relations management on financial restatements are analyzed. The result is that the more dispersed the equity, the higher the probability of financial restatements will be (This includes the government-controlled companies). Also the higher the proportion of independent directors and the higher the level of investor relations management, the lower the probability of financial restatements will be. Furthermore, as a moderating variable, investor relations management can eliminate the negative effects of corporate governance, enhance the effect of independent directors and reduce the probability of financial restatement.展开更多
In Chile, the study of international relations is very limited both in the number of programs and in its scope. Furthermore, it is still a country where international relations are under the umbrella of political scie...In Chile, the study of international relations is very limited both in the number of programs and in its scope. Furthermore, it is still a country where international relations are under the umbrella of political science and political science itself is heavily influenced by the study of the law. This paper looks at the development of international relations both as a tool for training diplomats and as a topic of study within political science in Chile. It does so within the framework of the social sciences. Using interviews as a complimentary tool of research, it concludes that, along with a marked influence of economics in the study of social sciences in Chile, the country's political and social history has shaped the advent of social sciences at the undergraduate level and has dwarfed the growth and contents of both political science and international studies, in spite of the country's successful embrace of globalization.展开更多
A formal synthesis of the natural growth promoting steroid brassinolide is described,which involves construction of side chain by 1,3-sulfoxide-hydroxyl transposition with methylation from(24S)- 22-E-24-sulfoxide 6 an...A formal synthesis of the natural growth promoting steroid brassinolide is described,which involves construction of side chain by 1,3-sulfoxide-hydroxyl transposition with methylation from(24S)- 22-E-24-sulfoxide 6 and(24R)-22-E-24-sulfoxide 9,respectively to (22S)-23-E-24-methyl compound 4.展开更多
文摘This paper focuses on investor relations (IR) as an element of companies' communication with the external environment. It shows the place and role of IR in communication with the general market, and the stock exchange market in particular. The study is illustrated with an example of IR in Poland, a relatively new European Union (EU) member state and an emerging market. As can be seen, IR goes beyond the traditionally understood maintenance of communication with the capital market. It is also shown that the main role of IR ought to be the reduction of investment risk and enhancement of the companies' value, which is of particular significance in light of the current globalization of capital markets. It has been found that Polish companies, especially those listed on the Warsaw Securities Exchange (WSE), commonly rely on IR as a means of communication with the environment. And yet, as the results of the analysis show, the quality of that communication is still far from satisfactory, despite efforts undertaken by various external entities to encourage more focus on the development of IR, or understanding of the company's relevant staff of its important role.
基金The Key Project of the National Natural Science Foundation of China (No.70532001)Project of Humanities and Social Sciences Research Base of Ministry of Education (No.06JJD630008)
文摘In order to examine the effects of avoiding reputation damage by investor relations management under certain corporate governance structures and mechanisms, samples of 1120 listed companies are used to research the influence on financial restatements by corporate governance. Then the moderating effects of investor relations management on financial restatements are analyzed. The result is that the more dispersed the equity, the higher the probability of financial restatements will be (This includes the government-controlled companies). Also the higher the proportion of independent directors and the higher the level of investor relations management, the lower the probability of financial restatements will be. Furthermore, as a moderating variable, investor relations management can eliminate the negative effects of corporate governance, enhance the effect of independent directors and reduce the probability of financial restatement.
文摘In Chile, the study of international relations is very limited both in the number of programs and in its scope. Furthermore, it is still a country where international relations are under the umbrella of political science and political science itself is heavily influenced by the study of the law. This paper looks at the development of international relations both as a tool for training diplomats and as a topic of study within political science in Chile. It does so within the framework of the social sciences. Using interviews as a complimentary tool of research, it concludes that, along with a marked influence of economics in the study of social sciences in Chile, the country's political and social history has shaped the advent of social sciences at the undergraduate level and has dwarfed the growth and contents of both political science and international studies, in spite of the country's successful embrace of globalization.
文摘A formal synthesis of the natural growth promoting steroid brassinolide is described,which involves construction of side chain by 1,3-sulfoxide-hydroxyl transposition with methylation from(24S)- 22-E-24-sulfoxide 6 and(24R)-22-E-24-sulfoxide 9,respectively to (22S)-23-E-24-methyl compound 4.