Investor relations can no longer ignore social media compliance risks by IR Web Report
INVESTOR RELATIONS professionals at hundreds of companies are exposing their firms to potential compliance risks because they have failed to play an active role in monitoring, managing and engaging in their companies’ activities on social networks like Facebook and Twitter.
Our research of the social media activities of almost 700 public companies has identified widespread instances of companies putting themselves at risk through practices they would almost never consider doing on their corporate websites.
These compliance issues are arising mostly because investor relations departments have taken a hands-off approach to their companies’ social media activities, even though investors and analysts are increasingly using these channels to keep informed about their holdings.
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