CSRminute: Harvard Business School + London Business School Profs' Study Says CSR Earns Positive Ratings from Sell-Side Analysts; Bank of Punjab Sets Up Eid Holiday Camp for Pakistani Flood Victims

Primary tabs

CSRminute: Harvard Business School + London Business School Profs' Study Says CSR Earns Positive Ratings from Sell-Side Analysts; Bank of Punjab Sets Up Eid Holiday Camp for Pakistani Flood Victims

tweet me:
CSRminute: 9/17/10 - Business School Profs' Study Says #CSR Earns Positive Ratings from Analysts http://3bl.me/kzvev3

Multimedia from this Release

Summary

theCSRminute is your daily video digest of the most relevant Corporate Social Responsible news of the day. Our team of 3BL Media correspondents tracks the global world of corporate social responsibility to bring you coverage of the most important announcements, initiatives, issues, trends, ideas, and breaking news.

Friday, September 17, 2010 - 9:41am

CAMPAIGN: The CSR Minute

CONTENT: Press Release

Hello, I’m Emily Polk, and these are your CSR Minute headlines for Friday, September 17th:

A recent study concludes that Wall Street analysts are awarding more favorable ratings to companies with CSR practices. The study, “The Impact of Corporate Social Responsibility on Investment Recommendations,” by professors at the London Business School and Harvard Business School, examines how social performance ratings for companies have affected the recommendations of “sell side” analysts in the U.S. Looking at data on 4,109 companies over a 16-year period, the study found that a company’s CSR strength had a growing positive impact, as CSR strategies are increasingly perceived to be value-creating.

The Bank of Punjab established a temporary camp last week where the Pakistani bank’s management spent the three-day Eid holiday with flood victims. Eid marks the end of the Ramadan fasting period, and is a celebratory event on the Muslim calendar. Food was provided for over 3,000 on a daily basis, and special gift hampers of traditional sweets were distributed to children. The Bank has opened special counters to accept donations throughout its branch network.

For more information on these and other stories, go to thecsrminute.com.

 

Keywords: 3BL | 3BL TV | 3bl Media | Bank of Punjab | CSR | Corporate Responsibility | Eid Holiday | Harvard Business School | London Business School | news

CAMPAIGN: The CSR Minute

CONTENT: Press Release

parse.ly