An order in the courts
Managers who have found themselves embroiled in no-win squabbles with environmental and consumer groups might take some comfort in the problem facing the Blue Diamond Coal Co. of Knoxville, Tenn. It is being taken to court by, of all adversaries, an order of Roman Catholic nuns. Armed with 81 shares of Blue Diamond stock, the 750-member Sisters of Loretto, a teaching order based in Denver, last week joined twelve other parties in bringing a lawsuit against the company. The nuns' eventual aim, as one of them describes it: to urge the company toward greater "corporate responsibility."
The nuns...
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