Investors demand OFR disclosure
Analysts want full OFRs in spite of government's decision to scrap the review
Over three-quarters of the analysts and investors polled in a survey by
IR Magazine want companies to publish an OFR, even though government
scrapped the requirement last year.
In the poll, 78% of the 250 fund managers and analysts said the OFR was
useful. ‘A full review would be the best, because without it, it is difficult to
tell what is going on in a company,’ one of the fund managers said.
Companies do still have the option of producing an OFR, but a survey by
consultancy Radley Yeldar found that most companies fell short of the original
requirements.