Relationship marketing's role in managing the firm-investor dyad

Autor: Simone Wies, Arvid O. I. Hoffmann, Joost M.E. Pennings
Přispěvatelé: Finance, Marketing & Supply Chain Management, RS: GSBE EFME
Jazyk: angličtina
Rok vydání: 2011
Předmět:
Zdroj: Journal of Business Research, 64(8), 896-903. Elsevier Science
Journal of Business Research 64 (2011) 8
Journal of Business Research, 64(8), 896-903
ISSN: 0148-2963
DOI: 10.1016/j.jbusres.2010.09.005
Popis: This paper develops an interdisciplinary conceptual framework demonstrating the role of marketing in managing investor relationships. The framework illustrates how companies can turn investor relationships into market-based assets by analyzing and managing them from a relationship marketing and stakeholder perspective. Marketing can contribute to investor relationship management and increase shareholder value by lowering the cost of equity capital, increasing analyst coverage and stock liquidity, and reducing shareholder activism. An investigation among investor relations professionals working at publicly traded companies in the Euronext 100 stock index demonstrates the framework's empirical validity and provides managerial implications.
Databáze: OpenAIRE