Tracking the Market Performance of Companies That Integrate a Culture of Health and Safety
Autor: | Todd Hohn, Barry S. Eisenberg, Raymond Fabius, Dan Fabius, Paul W. Larson, Doris L. Konicki, Ronald Loeppke |
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Rok vydání: | 2016 |
Předmět: |
Safety Management
Economic Competition Index (economics) Economic competition Awards and Prizes Public Health Environmental and Occupational Health Organizational culture Organizational Culture 030210 environmental & occupational health Port (computer networking) Occupational safety and health 03 medical and health sciences 0302 clinical medicine Humans Industry Stock market 030212 general & internal medicine Tracking (education) Business Investments Marketing Occupational Health health care economics and organizations |
Zdroj: | Journal of Occupational & Environmental Medicine. 58:3-8 |
ISSN: | 1076-2752 |
Popis: | The aim of this study was to assess the hypothesis that stock market performance of companies achieving high scores on either health or safety in the Corporate Health Achievement Award (CHAA) process will be superior to average index performance.The stock market performance of portfolios of CHAA winners was examined under six different scenarios using simulation and past market performance in tests of association framed to inform the investor community.CHAA portfolios out-performed the SP average on all tests.This study adds to the growing evidence that a healthy and safe workforce correlates with a company's performance and its ability to provide positive returns to shareholders. It advances the idea that a proven set of health and safety metrics based on the CHAA evaluation process merits inclusion with existing measures for market valuation. |
Databáze: | OpenAIRE |
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