The Naughty and Nice List Of Corporations
Here is a list of America’s most- and least-loved corporations.
Top Five:
1) Wegmans
They are a store that actually gets fans who will write love letters to its stores.
2) Amazon
Amazon’s ambitions show no signs of abating: it recently jumped into the art market, and has started producing video, music, and literary content.
3) Samsung
After reporting record earnings in the last two years that catapulted it past Apple as the world’s most profitable phone maker.
4) Costco
President Obama chose Costco as an example that companies can raise minimum wages and still flourish. Per employee, Costco generates $620,000 of revenue and a profit of $10,625.
5) Johnson & Johnson
In January an unprecedented step that was applauded by the medical science community J&J said it would release its clinical trial data for drugs and medical equipment like artificial hips and knees.
Bottom Five:
1) Goldman Sachs
In 2011, was found by a U.S. Senate panel to have misled clients about its dealings with shaky mortgage-backed securities. Goldman’s public image has also been battered by insiders, like the executive director.
2) AIG
The insurance firm sold billions of dollars to underwrite the value of mortgage-backed securities. The value of these instruments collapsed as the credit crisis began.
3) Comcast
Ever-unpopular media conglomerate Comcast has been blasted for early withdrawals, faulty equipment and unprofessional service technicians.
4) Charter Communications
Poor customer service and unfair billing practices are common complaints about the fourth-largest cable company in the country.
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[/one_fourth][three_fourth_last]5) Bank of America
Discontinued its $5 debit fee charge only after having it for two months because there was a public outrage. Most of its complaints come from the mortgage division.
A bad reputation can affect a company’s bottom line. And more than half of consumers now do some research on the businesses they’ve either heard about or are about to spend money on. Consumer ill will may not have the effect on Goldman that a few brutal reviews on Yelp has on a mom-and-pop shop.
There’s another unfortunate side effect of being a loathed business behemoth: Research into top business schools shows that graduates increasingly passing over Wall Street for careers elsewhere meaning that firms may be missing the talents of some of the brightest would-be financiers.
