Transparency, as the magazine defines it, means making information about practices like employee benefits, climate-change policies or philanthropic efforts publicly available.
According to the magazine’s analysis, being a good guy pays. The best corporate citizens list, which includes Hewlett-Packard, Intel, General Mills, I.B.M. and Kimberly-Clark, had a total return on shareholder value of 2.37 percent over three years. But the 30 worst had a negative 7.38 percent return.
We advocate openness as a core component of building trusting relationships and it is obvious here that such openness translates into real financial value.
I look forward to reading that study when it comes out on April 24th.