This study supports prior and ongoing research demonstrating the business value of employing exemplary workplace health promotion and health protection programs. In this analysis, companies that earned recognition by winning the Koop Award had higher stock valuation—an affirmation of business success by Wall Street investors—compared with the “average” S&P 500 Index companies. While tempting to attribute all or most of these companies’ financial success to their investment in workplace health promotion programs, many factors likely contributed to their stock performance, only one of which was their attention to improving workers’ health and well-being.
The Stock Performance of C. Everett Koop Award Winners Compared With the Standard & Poor’s 500 Index
Year: 2016