Economic performance A clear majority of both IROs and investors recognize that economic performance over the course of the Covid-19 pandemic has been better than they initially anticipated. In fact, the seven in 10 respondents who agree with this statement exactly matches the number of IROs who say their company has performed better than they expected at the onset of the pandemic. This positive view of economic performance is most strongly felt in North America, with respondents in Asia the least likely to agree: just over half of respondents in Asia agree the economy has exceeded expectations, while a third disagree. IROs are only slightly more likely to agree with this statement than investors. Among IROs, those at larger companies are more likely to have a positive view of recent economic performance than those at smaller companies, with 83 percent of large/mega-cap IROs agreeing with this statement, compared with 64 percent of small/mid-cap IROs.