𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Charitable investments: A strategy for improving the business environment

✍ Scribed by John W. Dienhart

Book ID
104747633
Publisher
Springer
Year
1988
Tongue
English
Weight
884 KB
Volume
7
Category
Article
ISSN
0167-4544

No coin nor oath required. For personal study only.

✦ Synopsis

Firms are beginning to evaluate requests for donations as they would investments. Critics argue that a strategy of charitable investing is conceptually inconsistent, disguised self-interest, and violates the dignity of those who receive charity. This paper argues that charity and investment are consistent (and even complementary in some cases), can preserve the virtue and the dignity of the giver and receiver, and may result in a wider distribu6on of charitable funds. The paper also discusses how a policy of charitable investing could be implemented within a firm so as to avoid it being used merely as a public relations tool. Finally, it is suggested that charitable investments can help maintain the conditions necessary for a free market economy.

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