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

Ron Z. Goetzel, Raymond Fabius, Dan Fabius, Enid C. Roemer, Nicole Thornton, Rebecca K. Kelly, Kenneth R. Pelletier

Research output: Contribution to journalArticle

32 Scopus citations

Abstract

Objective: 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.

Original languageEnglish (US)
Pages (from-to)9-15
Number of pages7
JournalJournal of occupational and environmental medicine
Volume58
Issue number1
DOIs
StatePublished - Jan 1 2016

ASJC Scopus subject areas

  • Public Health, Environmental and Occupational Health

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