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Financial directions - Investors seek performance over style.

Europe Intelligence Wire

| April 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Financial Director)

Financial performance has overtaken quality of management as the most important factor for analysts and investors when judging a company.

Over 33% of investors and 68% of analysts think the quality of corporate investor relations has improved over the past two years, despite recent corporate scandals and a fall in investor confidence, according to the Investor Relations Society and MORI poll of analysts and investors in the UK.

One-half of the respondents believe the FSA's new powers have led listed companies to provide more information.

A similar number rely on the report to provide useful information about a company, making it ...

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