Announcement

Collapse
No announcement yet.

NASDAQ OMX Armenia Director: Relations With Investors Influence Comp

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • NASDAQ OMX Armenia Director: Relations With Investors Influence Comp

    NASDAQ OMX ARMENIA DIRECTOR: RELATIONS WITH INVESTORS INFLUENCE COMPANIES' MARKET VALUE

    ARKA
    June 18, 2009

    YEREVAN, June 18. /ARKA/. Relations with investors influence companies'
    market value, said Armen Melikyan, Director General of NASDAQ OMX
    Armenia.

    "The market value of any issuer of securities is evidence of investors'
    attitude to the entity's activities," Melikyan said at the workshop
    on investor relations management yesterday.

    He pointed out that investor relations are of importance as they
    mean relations not only with prospective investors, but also with
    actual stockholders.

    He expressed hope that the workshop will be of benefit to all the
    market participants that will hold consultations in the future.

    Geoffrey Mazullo, Director of the "Partners for Financial Stability"
    (PFS) program, pointed out that investor relations programs may be
    effective if companies are able to provide all individuals and legal
    entities with the information they need to decide on investments.

    The pointed out two types benefits - internal and external benefits -
    entities can get from effective investor relations.

    Among the internal benefits are discipline, competent internal
    management, authority and risk management.

    As regards external benefits, he pointed out the possibility of
    companies' entering markets of goods and services, bonds and shares,
    as well as stock and bond liquidity.

    The semin ar was organized by the PFS program launched by USAUD and
    East-West Management Institute jointly with NASDAQ OMX Armenia.

    The seminar was aimed to demonstrate the importance of investor
    relations in the present-day corporate world, ways of forming relations
    with investors, introduce international experience.

    Narek Khublaryan of the Financial Supervision Department, Central
    Bank of Armenia (CBA), presented the information requirements set to
    companies in Armenia.
Working...
X