Socially responsible behaviour pays off on the bottom line. That's the
conclusion of new research based on Business Ethics' 100 Best Corporate
Citizens list, which shows the financial performance of these companies was
"significantly better" than others in the S&P 500, according to researchers
at De Paul University in Chicago. That's good news indeed for the companies
on this year's list, released today by Business Ethics magazine. Now in its
third year, the ranking is based on quantitative measures of corporate
service to seven stakeholder groups: stockholders, employees, customers,
the community, the environment, overseas stakeholders, and women and
minorities.
The list is made up of 'America's most responsible and profitable major
public companies' , however I haven't yet had the time to investigate how
these rankings are worked out and whether they are meaningful.
For more information visit:
http://www.business-ethics.com/100best.htm
http://www.business-ethics.com/100best.htm#Chart -
Finbarr Carter ([log in to unmask])
Project Co-ordinator
'Just Business'
www.jusbiz.org
Norfolk Education and Action for Development
38 Exchange Street, Norwich, NR2 1AX
Tel: 01603 610993
E-mail: [log in to unmask]
Registered Charity: 1010853
Registered company: 2237 424
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