Do Great Companies Make Great States?

This post is by guest blogger Bahar Gidwani, co-founder and CEO of CSRhub which provides access to corporate social responsibility and sustainability ratings and information on 7,000+ companies from 135 industries in 90 countries. This article previously appeared on the CSRhub blog

“I’d like to thank the great citizens of our wonderful state…”  How many times have you heard this greeting?  It implies that good citizens are responsible for building a better community.  The Citizen’s United Supreme Court case added to the view that corporations are “citizens” in certain senses.  So, do “good” corporate citizens contribute also to building “good” states?  Some intriguing research on this topic is now possible thanks to a new corporate social responsibility ratings database from CSRHub.

It is hard to compare corporate and state social performance without making some fairly broad assumptions.  For companies, we can measure how they treat the environment, their communities, and their employees.  We can also assess how well companies are governed by their investors, boards, and management teams.  For states or other communities, we can measure things such as education levels, unemployment levels, divorce rates, or how many crimes are committed. Continue reading