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That's a myth about legal expectations. "every state has enacted a corporate statute giving managers explicit authority to donate corporate funds for c
by DarylZero 5y ago
That's a myth about legal expectations.
"every state has enacted a corporate statute giving managers explicit authority to donate corporate funds for charitable purposes"
https://digitalcommons.law.villanova.edu/cgi/viewcontent.cgi?referer=&httpsredir=1&article=3271&context=vlr https://digitalcommons.law.villanova.edu/cgi/viewcontent.cgi...
- watwut 5y agoBeing allowed to donate to charity does not make those managers responsible for anything else then profit. (I am not necessary saying companies should run social support. I don't think so. But they are nor responsible for anything but the profit.)