On Thu, Nov 01, 2001 at 06:24:08PM -0500, Lee Mairs wrote:
>
> Frankly, I think it is better for the corporations to return the profits to
> the stock holders, and let the stock holders donate as they individually see
> fit. Its too much like the government when individuals are prevented from
> expressing charity voluntarily.
Capitalisim 101:
Donating is PR and for corporations is deductable as such.
The shareholders should see a return via increased profits.
If not, they're free to vote out the current board members and vote
in new ones.
As a Harley shareholder I'm glad to see HD donating.
The good PR means more sales which means my stock goes up.
BTW, nothing prevents private citizens from donating.
Eric
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