The Best Laid CSR Plans Often Go…

Corporate social responsibility (CSR) has become a white-hot issue in the nation's boardrooms. But CSR efforts could be leading companies astray, according to the latest report
from CSRwatch.com, which was launched in 2004 to spotlight CSR. "Many corporate managers are 'drinking the Kool-Aid' of CSR and Socially Responsible Investing (SRI) in
hopes of improving their public images," says Steven Milloy, publisher of CSRwatch.com. "But in reality, they are harming their businesses, investor interests and the free-
enterprise system." The report stresses that CSR distracts business from business by sidetracking corporate managers from their traditional responsibilities of running the organization...