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Global Security: Health, Science and Policy
An Open Access Journal
Volume 7, 2022 - Issue 1
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Research Article

Investing to kill: return on investment of tobacco companies compared to high-mortality and neutral industries

Madeleine R. Hollmana Michigan Technological University, Houghton, Michigan, USAView further author information
&
Joshua M. Pearcea Michigan Technological University, Houghton, Michigan, USA;b Ivey Business School and Department of Electrical & Computer Engineering, Western University, London, CanadaCorrespondence[email protected]
ORCID Iconhttps://orcid.org/0000-0001-9802-3056View further author information
ORCID Icon
Pages 7-12 | Received 06 Jan 2021, Accepted 27 Jan 2022, Published online: 13 Mar 2022

Figures & data

Figure 1. a. The performance of the eight CLK stocks responsible for the highest mortality rates from externalities in the U.S. from 2009 to 2019 assuming a $1 m investment in each; b. A CLK mutual fund of the deadliest three stocks (tobacco stocks marked with * in (a)) made up of tobacco companies compared to the S&P 500.

Figure 1. a. The performance of the eight CLK stocks responsible for the highest mortality rates from externalities in the U.S. from 2009 to 2019 assuming a $1 m investment in each; b. A CLK mutual fund of the deadliest three stocks (tobacco stocks marked with * in (a)) made up of tobacco companies compared to the S&P 500.

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