The Link Between Workforce Health and Safety and the Health of the Bottom Line: Tracking Market Performance of Companies That Nurture a “Culture of Health”

@article{Fabius2013TheLB,
  title={The Link Between Workforce Health and Safety and the Health of the Bottom Line: Tracking Market Performance of Companies That Nurture a “Culture of Health”},
  author={Raymond J. Fabius and Rosenberg Thayer and Doris L Konicki and Charles M. Yarborough and Kent W. Peterson and Fikry W Isaac and Ronald R Loeppke and Barry S Eisenberg and Marianne Dreger},
  journal={Journal of Occupational and Environmental Medicine},
  year={2013},
  volume={55},
  pages={993–1000}
}
OBJECTIVE To test the hypothesis that comprehensive efforts to reduce a workforce's health and safety risks can be associated with a company's stock market performance. [] Key MethodMETHODS Stock market performance of Corporate Health Achievement Award winners was tracked under four different scenarios using simulation and past market performance. RESULTS A portfolio of companies recognized as award winning for their approach to the health and safety of their workforce outperformed the market. Evidence…
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76 Citations
Highly Influential Citations
2
Background Citations
30
Methods Citations
4
Results Citations
2

76 Citations

Citation Type

Citation Type

Tracking the Market Performance of Companies That Integrate a Culture of Health and Safety: An Assessment of Corporate Health Achievement Award Applicants
TLDR
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 by advancing 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.
Companies that Promote a Culture of Health Safety and Wellbeing Outperform in the Marketplace.
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Employers, fund managers, and fund investors would be well served by including strategies that assess a company's commitment to the health, safety, and well-being of their workforce when evaluating investments in their enterprise and portfolios.
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TLDR
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TLDR
The efforts and experience of a large global employer as it builds on existing corporate wellness and safety programs to develop a corporate culture of health and well-being are shared to provide a case study that others might use to design their blueprint.
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The C. Everett Koop National Health Award (Koop Award) is conferred annually by The Health Project, a nonprofit organization founded in 1994, to promote employer achievements in cost-effectively…
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