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Why do any stockholders ever allow corporations to choose causes and give away their money? Does that have some kind of tax advantage over putting the money bac
by prodigal_erik 15y ago
Why do any stockholders ever allow corporations to choose causes and give away their money? Does that have some kind of tax advantage over putting the money back in the hands of its owners and having them make the decision? Is it a PR thing?
- lukesandberg 15y agoI believe it's a morality thing.
- prodigal_erik 15y agoWhy is it more moral to watch corporations I've invested in give away my money, hoping that at least some of it may reach the causes I would have given it to?
- lukesandberg 15y agoFor one thing you are the investor, so you don't have to invest in them if you don't believe in the same causes they do, or if you don't believe that corporations should be engaging in charity at all. As for the question of "why is it more moral...?" I'm not sure what you are comparing to...