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The Stock Performance of C. Everett Koop Award Winners Compared With the Standard & Poor's 500 Index

To explore the link between companies investing in the health and well-being programs of their employees and stock market performance. METHODS: Stock performance of C. Everett Koop National Health Award winners (n = 26) was measured over time and compared with the average performance of companies co...

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Detalles Bibliográficos
Autores principales: Goetzel, Ron Z., Fabius, Raymond, Fabius, Dan, Roemer, Enid C., Thornton, Nicole, Kelly, Rebecca K., Pelletier, Kenneth R.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Lippincott Williams & Wilkins 2016
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4697959/
https://www.ncbi.nlm.nih.gov/pubmed/26716843
http://dx.doi.org/10.1097/JOM.0000000000000632
Descripción
Sumario:To explore the link between companies investing in the health and well-being programs of their employees and stock market performance. METHODS: Stock performance of C. Everett Koop National Health Award winners (n = 26) was measured over time and compared with the average performance of companies comprising the Standard and Poor's (S&P) 500 Index. RESULTS: The Koop Award portfolio outperformed the S&P 500 Index. In the 14-year period tracked (2000–2014), Koop Award winners’ stock values appreciated by 325% compared with the market average appreciation of 105%. CONCLUSIONS: This study supports prior and ongoing research demonstrating a higher market valuation—an affirmation of business success by Wall Street investors—of socially responsible companies that invest in the health and well-being of their workers when compared with other publicly traded firms.