In total, 755 portfolio manager and buy-side analysts, and 909 sell-side Analysts voted across 31 sectors. Voters are asked to nominate up to four companies for best CEO, CFO, Investor Relations Professional, Investor Relations Program and analyst days in Europe
A business that earns a top-three position in one of the four categories is deemed an Honoured Company. To earn the designation of Most Honored Company, it must achieve two or more top-three appearances.
Rank is determined by weighted score wherein each first-place position is worth three points;second place, two;and third place, one. When a tie exists in the weighted score, companies are ordered according to the number of ranked positions they receive in their industry sectors. Beneath that, up to four companies that excel in each of eight IR attributes should be identified. These IR attributes include categories such as providing access to senior management, degree of financial disclosure and so on. Responses to these questions are aggregated to produce an overall rank for each company
To be eligible for the ranking, a company must be incorporated in Europe and traded on a corresponding European exchange. Furthermore a minimum vote count must be achieved.
Analysts and investors were surveyed from October until December 2016 on how they assess the investor relations efforts of European listed companies. The results have been published in March 2017.