Introduction 2 Respondent data 2 Global overview 3 Regional view: North America 12 Regional view: Europe 21 Regional view: Asia 30 Sector focus 39
The 2020 IR Magazine Global Investor Relations Practice Report is the ninth annual study of the resources dedicated to and practices of investor relations teams around the world. It covers everything from IR budgets and team sizes to reporting structures and meetings with investors. The 2020 edition is based on the responses of 907 IR practitioners to a global survey overseen by IR Magazine.
The findings in this report are taken from the annual global IR practice surveys, carried out by IR Magazine and conducted electronically over the past year. Data for IR budget, team size, reporting structure and analyst coverage is gathered from survey responses between Q1 2020 and Q3 2020. All other data points are calculated from responses to our latest survey round, conducted during Q3 2020.
Thanks to the high response rate from the global IR community, we have been able to sub-segment the data in this report, splitting it by region and subsequently by market capitalization. This allows for the creation of meaningful peer groups, which provide a more sophisticated level of benchmarking. We have also been able to break down the data by market sector. Most data in this report consists of mean average figures of specific classifications. The majority of these figures are adjusted to lessen the influence of mistyped responses or disproportionate values. The level of adjustment necessary involves excluding the highest and lowest five percentiles from the mean calculations. Whenever a mean average is the result of data from a pre-set scale, figures are not adjusted and all values are used in the calculations. All monetary figures given in this report are in US dollars, with company market capitalizations classified as follows:
SMALL CAP – UNDER $1 BN MID-CAP – $1 BN TO UNDER $5 BN LARGE CAP – $5 BN TO UNDER $30 BN MEGA-CAP – $30 BN AND OVER