title: Tracking the Market Performance of Companies That Integrate a Culture of Health and Safety: An Assessment of Corporate Health Achievement Award Applicants.
abstract: OBJECTIVE
  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.
  
  
  METHODS
  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.
  
  
  RESULTS
  CHAA portfolios out-performed the S&P average on all tests.
  
  
  CONCLUSIONS
  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.
authors.affiliation: HealthNEXT LLC, Newtown Square, Pennsylvania (Dr Raymond Fabius); US Preventive Medicine, Inc, Brentwood, Tennessee (Dr Loeppke); Underwriters' Laboratories Inc, Northbrook, Ilinois (Mr Hohn); Cooper Medical School of Rowan University, Camden, New Jersey (Dr Dan Fabius); KDK Solutions, Ltd, Chicago, Illinois (Ms Konicki); American College of Occupational and Environmental Medicine, Elk Grove Village, Illinois (Mr Eisenberg); and Paul Larson Communications, Evanston, Illinois (Mr Larson).
authors.forename: Raymond
authors.initials: R
authors.lastname: Fabius
authors.forename: Ronald R
authors.initials: RR
authors.lastname: Loeppke
authors.forename: Todd
authors.initials: T
authors.lastname: Hohn
authors.forename: Dan
authors.initials: D
authors.lastname: Fabius
authors.forename: Barry
authors.initials: B
authors.lastname: Eisenberg
authors.forename: Doris L
authors.initials: DL
authors.lastname: Konicki
authors.forename: Paul
authors.initials: P
authors.lastname: Larson
mesh_terms: D001363:Awards and Prizes; D004465:Economic Competition; D006801:Humans; D007221:Industry / Q000191:economics* / Q000458:organization & administration / Q000592:standards; D007449:Investments; D016272:Occupational Health / Q000191:economics* / Q000592:standards; D015279:Organizational Culture; D017751:Safety Management / Q000191:economics* / Q000592:standards