The Spectacle Blog
Leaving When the ‘Social Responsibility’ Need is Greatest
After the Massey Energy coal accident and the BP mile-deep oil gusher, a Marketwatch report says ‘green’-minded investors plan to increase the number of resolutions to address global warming and other environmental issues next year at corporate annual meetings.
After the Massey Energy coal accident and the BP mile-deep oil gusher, a Marketwatch report says ‘green’-minded investors plan to increase the number of resolutions to address global warming and other environmental issues next year at corporate annual meetings. But as I explain for the National Legal and Policy Center, these cowards bail out on companies like BP when trouble hits and stock prices tumble, despite their claims that they’re in it for social responsibility.
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