Investor relations training urged

LAHORE: Investor relations training gets less attention in Pakistan as compared to the other parts of the world and the standardized practices are seldom adopted by the listed companies, speakers in a seminar said on Thursday.
In a training seminar organized by the South Asian Federation of Exchanges (SAFE) in partnership with Lahore Stock Exchange (LSE), on “Role and Value of Investor Relations”, they said the subject is sometimes covered along with other topics during seminars but dedicated training opportunities for the subject are almost unheard of. As the world changes and more specifically, as the economy changes, investor relations become a crucial component of everyday corporate operations.
Professional and academic literature readily documents the importance of investor relations for survival of corporations and even for the whole model of corporate sector.
They said perhaps one of the key differences between investor relations and other public relation functions is the fact that corporations can no more afford to view investor relations as an auxiliary function, but rather a key business process of acquiring capital at the lowest cost possible.
The trainers provided a great mix of legal, practical and professional knowledge on the subject and the participants appreciated the in-depth knowledge and recently updated ideas regarding the subject.
The participants actively took part in discussion and interactive sessions to share experiences and ideas and deliberate insights about the adoption and future of Investor Relations training in Pakistan’s corporate sector.
Acknowledging the fact that the growing importance of investor relations cannot be over emphasized in the present era of globalization, SAFE decided to launch a series of training seminars dedicated to the subject.
The seminar was attended by senior management representative of many listed companies from banking sector, public limited companies and other corporate entities.