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The 100 Best Corporate Citizens (100 BCC) is annual list that evaluates and ranks large publicly traded companies in the United States based on environmental, social, and governance (ESG) criteria.[1]
History of the 100 BCC List
editThe list was first published by the magazine Business Ethics: The Magazine of Corporate Responsibility in 1996.[2] The 100 BCC list has been published on annual basis since the year 2000.[3] In 2007, management of the 100 BCC list was transferred to the CRO magazine, a newsletter targeting Corporate Responsibility Officers.[4] The periodical was later renamed as the Corporate Responsibility (CR) magazine and acquired by 3BL Media in 2017.[5]
Relevance of the 100 BCC List
editStudies on the 100 BCC
edit- Filbeck, Greg; Gorman, Raymond; Zhao, Xin (2009). "The "Best Corporate Citizens": Are They Good for Their Shareholders?". The Financial Review. 44 (2): 239–262. doi:10.1111/j.1540-6288.2009.00217.x. S2CID 154851318.
- Brammer, Stephen; Brooks, Chris; Pavelin, Stephen (2009). "The stock performance of America's 100 Best Corporate Citizens" (PDF). The Quarterly Review of Economics and Finance. 49 (3): 1065–1080. doi:10.1016/j.qref.2009.04.001.
- Gondhalekar, Vijay; Ratliff-Miller, Paulette; Picard, Joerg (2021). "Is Being a Good Corporate Citizen Monetarily Good for the Shareholders? Evidence Based on Companies Announced as 100 Best Corporate Citizens, 2008-2017". Quarterly Journal of Finance and Accounting. 59 (3/4): 37–78. JSTOR 27159084.
- Lewis, Ben W.; Carlos, W. Chad (2023). "The risk of being ranked: Investor response to marginal inclusion on the 100 Best Corporate Citizens list". Strategic Management Journal. 44 (1): 117–140. doi:10.1002/smj.3083.
References
edit- ^ "About the Ranking". 3BL. Retrieved 2024-02-25.
- ^ Kurschner, Dale (1996). "The 100 Best Corporate Citizens". Business Ethics: The Magazine of Corporate Responsibility. 10 (3): 24–35. doi:10.5840/bemag199610355.
- ^ Waddock, Sandra; Graves, Samuel; Kelly, Marjorie (2000). "On the Trail of the Best Corporate Citizens: The methodology and theory behind this new listing". Business Ethics: The Magazine of Corporate Responsibility. 14 (2): 17. doi:10.5840/bemag200014220.
- ^ "100 Best Corporate Citizens" List for 2007 is Published by CRO Magazine". csrwire.com. Retrieved 2024-02-25.
- ^ "3BL Media Acquires CR Magazine and COMMIT!Forum from SharedXpertise Media in Asset Purchase Agreement That Includes Management of Corporate Responsibility Association". 3blmedia.com. Retrieved 2024-02-25.
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