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Investment: Smart Money.
Byline: Adam B. Kushner
You can do better by doing good, say the crunchy green consultants. Much better, say the tough guys at Goldman Sachs. The authors of a new study from the investment bank found that socially responsible companies outperformed a global stock index by a stunning 25 percent. Goldman analyzed factors like pro bono work, corporate codes of conduct, gender diversity, even recycling habits, and found a correlation, if not a causal link, between social responsibility and earnings.
Goldman isn't the first to spot this ...
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Source: HighBeam Research, Investment: Smart Money.