That was the whole point of a corporation...there was this idea that, if for some reason a corporation decided to spend a ton of money on social causes, instead of growing the business, then they were doing something wrong.
They were misusing shareholder funds.
They were engaging in a form of social engineering, which is unethical, and maybe even illegal.
Pretty much everyone agreed with that.
In the last decade or so, though, this reasoning has fallen completely out of favor...
In the last decade or so, though, this reasoning has fallen completely out of favor...
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