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Corporate Social Responsibility (CSR) Under Fire

| Friday May 13th, 2005 | 0 Comments

croshairs.jpgThere is a backlash afoot against corporate reform. Tracy Rembert reports that the battle is most apparant in the efforts of California pension fund manager CALPERS in influencing companies in which it invests. Although is is possible that CALPERS overstepped its bounds with regards to labor unions, its other efforts have been generally both praised and profitable.
Still, essays have been written in various publications decrying the efforts of responsibility advocates as “anti-corporate”. The report by Rembert suggests, however, that many of these essays are knee jerk reactions that suggest CSR is moving very much mainstream to the mutual success of both corporations and other interests.


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