The Wall Street Journal came out with its annual ranking of the reputations of major corporations. Harris Interactive asked over 22,000 people to evaluate companies based on financial performance, social responsibility, product quality and other factors that would determine public opinion.
The top three companies were Microsoft (MSFT), Johnson & Johnson (JNJ), and 3M (MMM). Over the last year, Microsoft and 3M have underperformed the Dow. JNJ had performed about as well as the index.
Google (GOOG) finished fourth. The Dow has beat it for the last year. Coca Cola (KO) was next. It has done no better than match the Dow in the last twelve months.
At the bottom of the list of 60 companies were Altria (MO), General Motors (GM), Comcast (CMCSA), Exxon Mobil (XOM), and Halliburton (HAL). The Dow has beaten Halliburton over that last year. But, Exxon has beaten the index. So has Altria. Comcast has not just beaten the index, it has murdered it. The same was true for GM. It would appear that the financial performance and leadership segments of the survey don’t count for much.
Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about.