The Romanian Investor Relations Association (ARIR) has published VEKTOR indicator for listed companies on the Main Market for the second time on the Bucharest Stock Exchange website (BVB). VEKTOR is the measure of communication of listed companies with investors and is calculated based on a methodology that comprises 15 criteria, in line with international best practices in Investor Relations (IR). There were evaluated 77 companies that received marks from 0 (low communication) to 10 (excellent communication).
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Daniela Șerban, ARIR President & Co-founder:
“ARIR has completed the second evaluation of listed companies from the perspective of communication with investors. 15 companies obtained marks over 9, double compared to the first evaluation from 2019, in the context of a review of the methodology. Improved results put in spotlight the companies that want to give investors more confidence, through proactive communication, best practices in investor relations and ultimately transparency. All three elements are important in the new market context. The impact brought by VEKTOR is visible, the indicator became a landmark for investors, companies and media. We are planning to promote the indicator to the European Commission and also expand it in an adapted form for the companies on the alternative trading system of the stock exchange.”
CITESTE TOT ARTICOLUL: https://www.thediplomat.ro/2021/01/27/15-listed-companies-obtained-over-9-at-vektor-evaluation-from-2020-double-compared-to-2019/