The Stock Performance of C. Everett Koop Award Winners Compared With the Standard & Poor's 500 Index.
Where this comes from
- Record sourced from PubMed, PMID 26716843.
- Also identified by DOI 10.1097/JOM.0000000000000632 and PMC identifier 4697959.
- Licence recorded as CC BY-NC-ND.
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Abstract
To explore the link between companies investing in the health and well-being programs of their employees and stock market performance. 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. 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%. 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.
Medical subject headings
- Health Promotion
- Industry
- Investments
- Occupational Health
- Organizational Culture
- Social Responsibility