An Empirical Research on the Determinants of Investor Relations in Chinese Listed Companies

This paper chooses the listed companies in Shanghai Exchange in 2007 as a sample,and aims to find the determinants of investor relations level from company characteristic,ownership structure and corporate governance attributes by designing investor relations evaluation system in China listed companies. We find that size,leverage,profitability,management ownership ratio and the presence of an audit committee is significant factor associated with the level of investor relations.