Tuesday, October 30, 2007

Study Finds That Companies That Companies Give More to Charity are More Profitable

Herb Greenberg, from The Wall Street Journal, reports that companies that give more to charity tend to be more profitable. Research conducted by Dover Management shows "that companies with a good relationship between philanthropy and operating earnings have outperformed the broader index by 3.5 percentage points a year over a five-year period."

Read the full 10.27.07 article from the Wall Street Journal.

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