Friday, May 15, 2009

The recession tests corporate do-gooding | A stress test for good intentions | The Economist

The recession tests corporate do-gooding | A stress test for good intentions | The Economist: "As firms grapple with a brutal economic downturn, they are taking a long, hard look at the resources they devote to everything from supporting charities to making their activities carbon-neutral. That is hardly surprising: cutting back on CSR, or “sustainability” as it is sometimes known, would seem to be a quick and relatively painless way to save money. Cassandras who felt many CSR initiatives were little more than publicity stunts in the first place predicted that they would perish as soon as the economy fell off a cliff."

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