Thursday, October 06, 2005

Corporate Social Responsibility

CSR or Corporate Social Responsibility will become an irresistable business trend in the early 21st Century. ( read right now) Investors are tired of being deceived. Investors are tired of products which hurt people and create huge lawsuits. Investors are tired of poor management practices that wreck havoc on fragile ecological balances. Investors are tired of a lot of short sighted thinking. Mindless pursuit of profits without regard to third party impact is a long term road to wealth destruction not creation.
Investor valuation and analysis will increasingly include evaluation of ethical standards and CSR principles. One source of information on the birth and growth of this critical trend is the magazine Business Ethics. Published by New Mountain Media the web site is www.business-ethics.com . Keep an eye on it.