A survey on the use of the Internet for investor relations in the USA, the UK and Germany

In this paper, the role of the Internet as an instrument for investor relations activities is addressed. The empirical study compares the Internet investor relations activities of US, UK and German corporations. A sample comprising the respective country's relevant stock market 100 index (S&P, FTSE, DAX) is used. The authors find that, in the USA, investor relations via the Internet is more common and offers more features than in the other two countries. Although Internet technology offers a variety of possibilities to communicate with investors, the possibilities are only used partially in all three countries.