firm's gift to charitya donation by a company to a charity, deductible against tax
Recommended Further Reading (Term count)
Ethical Funds and Socially Responsible Investment: An Overview by Chendi Zhang Ethical funds, often also called socially responsible investment (SRI) funds, integrate environmental, social, and governance (ESG) considerations, or purely ethical issues, into investment decision-making. SRI has experienced a phenomenal growth around the world. According to the Social Investment Forum, the professionally managed assets of SRI portfolios in the United States, including retail and, more importantly, institutional funds (for...
The payback to the community and the general public includes: improved charitablecontributions; more employee volunteer programs; business involvement in community welfare, education, and employment programs; product safety and quality; greater material recycling; better product durability and functionality; greater use of renewable resources
If CSR lowers firms’ profits due to compromises with stakeholders, firms should not implement CSR strategies as it is more efficient if they charge lower prices and allow consumers to make their own charitablecontributions based on personal social and ethical values By Chendi Zhang