Corporate donations, the best interest of the company and the proper purpose doctrine
Klein, Elizabeth and du Plessis, Jean 2005, Corporate donations, the best interest of the company and the proper purpose doctrine, University of New South Wales law journal, vol. 28, no. 1, pp. 69-97.
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Corporate philanthropy is illegitimate spending by powerful corporate elite of someone else’s money; an attempt to bypass democratic allocation of taxes; philanthropy by individuals is laudable, but not by corporations.
Just as I wouldn’t want you to implement your personal judgments by writing checks on my bank account for charities of your choice, I feel it inappropriate to write checks on your corporate ‘bank account’ for the charities of my choice.
Language
eng
Field of Research
180109 Corporations and Associations Law
Socio Economic Objective
970118 Expanding Knowledge in Law and Legal Studies
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