The World Economic Crisis - Key Moment for Redefining the Borders of Financial Communication
The World Economic Crisis - Key Moment for Redefining the Borders of Financial Communication
Author(s): Luminita SoproniSubject(s): Politics / Political Sciences
Published by: Editura Universitatii din Oradea
Keywords: financial communication; transparency; strategy; crisis
Summary/Abstract: In the last few years, both companies and financial institutions have greatly expanded the sphere and the content of the financial communication in order to meet the increasingly demanding audience and the higher legal requirements. The international financial crisis has increased the market's sensitivity to the communication strategies of firms and central banks and has given entirely new coordinates to the financial communication. The capita lhas never been more global and neither the competition between companies has ever been stronger.In this context, many companies are redefining the limits ofcommunication with investors and analysts in order to reduce the risks associated with unfavourable conjunctures and lack of confidence. The central banks understand tha tan efficient communication is more than necessary in times of increased uncertainty, when the public is faced with a lack of confidence in both economy and in those that create and implement tthe economic policies.
Journal: Eurolimes
- Issue Year: 2011
- Issue No: 12
- Page Range: 133-148
- Page Count: 15
- Language: English
- Content File-PDF