Regional view: Europe
European senior management teams spent an average of 43 days in total on IR in the past year, one day fewer than the global average. This is an increase of eight days on the time spent in 2021 and is the highest recorded number of days spent on IR by European senior management since we first started reporting in 2011. The reason for this rise is down to the efforts of European CFOs, who have increased the amount of time they spend on investor relations by an average of eight days in the past year. CEOs have spent an extra two days on IR while other senior managers have reduced the amount of time they spend on IR by one day. Senior management at larger companies in Europe spent the most time on IR, with mega-cap managers spending 50 days in the past year. Mid-cap senior management spent 10 days fewer than this, while small-cap managers dedicated 41 days to IR.