(1) Do you agree that giving companies tax breaks forcharitable contributions distorts public spending byindirectly giving companies and activists control overhow tax revenues are spent? Why or why not? (2) IfCompany A takes a cynical approach to CSR andCompany B takes a proactive approach, but theymake identical contributions to society, is onecompany “better” than the other? Why or why not?
(1) Do you agree that giving companies tax breaks forcharitable contributions distorts public spending byindirectly giving companies and activists control overhow tax revenues are spent? Why or why not? (2) IfCompany A takes a cynical approach to CSR andCompany B takes a proactive approach, but theymake identical contributions to society, is onecompany “better” than the other? Why or why not?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
(1) Do you agree that giving companies tax breaks for
charitable contributions distorts public spending by
indirectly giving companies and activists control over
how tax revenues are spent? Why or why not? (2) If
Company A takes a cynical approach to CSR and
Company B takes a proactive approach, but they
make identical contributions to society, is one
company “better” than the other? Why or why not?
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