The Danish Investor Relations Society (DIRF) was established by investor relations officers, financial and communications executives in a few Danish companies in 1988. The objective was and still is to promote communication between listed companies and their investors thereby increasing investor interest in Danish shares and company bonds.
DIRF represents some 270 members from approximately 100 companies. Members are primarily listed companies, and the member base represents about 95 per cent of the Danish market cap. However, also not-listed companies, organisations, service providers and consultants working with financial communications are represented, cf. DIRF members list.
The Board of DIRF represents a cross section of the member base, and they determine the overall framework of the activities carried out in cooperation between the secretariat and the various committees within regulation, best practice, members’ meetings, web & communication and planning of the annual Danish IR-event, DIRFdagen.
The DIRF network seeks to meet its objectives by arranging members’ meetings and conferences dealing with current IR-topics, sessions with academics researching in IR-related areas, trends and new ways of performing the IR-profession, new media developments, new evaluation methods, and once a year the Copenhagen Stock Exchange hosts a network meeting etc. Members’ meetings normally take place 5-6 times a year.
Furthermore, DIRF cooperates with the national IR organisations of the other Nordic countries and is a member of NIRI in the US, IR Society in the UK and cooperates with DIRK in Germany.
DIRF is engaged in the elaboration of guidelines for Investor Relations Best Practice which can be found on the website.
DIRF is in close dialogue with Nasdaq Copenhagen and the Danish Financial Supervisory Authority (Finanstilsynet) on trends in the stock market, survellience, regulation and legal matters regarding investor relations.
Aim of DIRF
The overall aim of DIRF is to:
- Promote a general understanding of the function and significance of Investor Relations
- Promote a good relationship between companies, their shareholders and other capital market players
- Contribute to a highly ethical and professional level of investor relations in Denmark
- Gather and communicate information affecting members’ investor relations activities
- Promote members’ views on issues affecting the framework of the stock market and trading in share instruments
- Collaborate with similar associations internationally
More information on DIRF
Tina Høilund Pedersen