The public relations profession positions itself as expert in building trust throughout global markets, particularly after crisis strikes. Successive crises have tainted financial markets in recent years. Calls to restore trust in finance have been particularly pressing, given trust's crucial role as lubricant in global financial engines. Nonetheless, years after the global financial crisis, trust in financial markets remains both tenuous and controversial. This book explores PR in financial markets, posing a fundamental question about PR professionals as would-be 'trust strategists'. If PR promotes its expertise in building and restoring trust, how can it ignore its potential role in losing trust in the first place?
Drawing on examples from state finance, international lending agencies, trade bodies, financial institutions and consumer groups in mature and emerging financial centres, this book explores the wide-ranging role of PR in financial markets, including:
State finance and debt capital markets
Investor relations, M&A and IPOs
Corporate communications for financial institutions
Product promotion and consumer finance
Financial trade associations and lobbying
Consumerism and financial activism.
Far reaching and challenging, this innovative book will be essential reading for researchers, advanced students and professionals in PR, communication and finance.