Investor relations teams can foster long-term relationships with stakeholders by maintaining a two-way communication channel. This involves effectively conveying the company's financial results and operational strategy to stakeholders, as well as relaying stakeholder feedback to upper management. Regular updates, transparency, and responsiveness can also help in building trust and fostering long-term relationships.
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At its core, the goal of IR is to convey a company's financial results and operational strategy effectively to its financial stakeholders. Healthy investor relations operates as a two-way communication channel: not only does it disseminate information to stakeholders, but it also relays stakeholder feedback to upper management.