Quote:
Originally Posted by woob
With all due respect, you still don't get it either. I've stated previously that I think government needs to change the rules, that much we both realize. However, this does not mean my scorn for business is unfounded. I have every right to rally against business as do the protesters. You can play by the rules AND make socially responsible choices at the same time. Just because you play by the rules doesn't mean you get carte blanch when it comes to being a socially responsible corporation. As I said before, how far do we let maximize profits and shareholder value go? When do we look at the status quo and realize it needs changing, both from a regulations point and from a corporate values point?
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I don't think there are any corporations of any significant size, particularly multi-nationals, that do not have specific, established programs and guidelines for giving back to their communities through cash grants, gifts or services or products in-kind and/or the offer of gratis time for volunteering employees.
Most are a lot smarter than smaller businesses - which are also great supporters of their communities in general - and are very visible on their websites in listing their programs, the guidelines and how to apply as well as where they've given support in the past.
The fiduciary duties of a corporate officer or board of director in regards his company and shareholders do not ever supercede the laws of the land.
Cowperson