Russia starts investor relations society

Russia has just started its own investor relations society highlighting the growing influence and role of the investor relations function within organisations.

I await to see if the investor relations community and financial communications PR function feel that they need to re-examine their role in the financial crisis. So far I sense no soul searching but it is early days. One of the over-riding themes whether sub-prime; credit default swaps; mortgage backed securities; strength of bank balance sheets has been the overall lack of transparency. Does investor relations feel that it has to look at its own role in this process?

You might be interested in a guide in both English and French produced by Observatoire Communication Financiere which brings together Euronext the owner of CAC; investor relations groups and investment analysts as well as the leading financial French legal firm of Bredin Prat .