SEC Docket

SEC Docket

Author: United States. Securities and Exchange Commission

Publisher:

Published: 1982

Total Pages: 1032

ISBN-13:

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Philanthropy and the Business Corporation

Philanthropy and the Business Corporation

Author: Marion R. Fremont-Smith

Publisher: Russell Sage Foundation

Published: 1972-11-30

Total Pages: 119

ISBN-13: 1610442237

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Attempts to study corporation philanthropy inevitably prove frustrating, for it is a subject surrounded by rhetoric and almost entirely devoid of hard facts. Marion R. Fremont-Smith's concise appraisal of corporation philanthropy takes a close look at the donative policies of corporations and their methods of giving. Concentrating on the legal and historical setting, as well as corporation philanthropy in practice, the author analyzes recent expansion in the field of traditional philanthropy and the accompanying shift in public attitude toward the responsibility of business corporations. The book shows how this new attitude has brought with it a reappraisal of the philosophical and legal bases for corporate action in the social sphere. In conclusion, Mrs. Fremont-Smith calls for a more imaginative and independent definition of the objectives of corporate philanthropic policies and not merely a continuing series of ill-considered defensive reactions.