Corporate philanthropy and the market for altruism /

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Bibliographic Details
Author / Creator:	Henderson, M. Todd, author.
Imprint:	[Chicago, Illinois] : Law School, University of Chicago, 2008.
Description:	1 online resource (45 pages).
Language:	English
Series:	John M. Olin Law & Economics Working Paper ; no. 399 (2d ser.) John M. Olin Program in Law & Economics working paper ; 2nd ser., no. 399.
Subject:	Corporations -- Charitable contributions -- United States. Charities. Altruism. Altruism. Charities. Corporations -- Charitable contributions. United States.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/8917225

Hidden Bibliographic Details
Other authors / contributors:	Malani, Anup, author.
Notes:	"April 2008, updated September 2008." Title from online title page (viewed October 8, 2012). Includes bibliographical references.
Summary:	"Academics and businesspeople have long debate the merits of corporate philanthropy. It is our contention that this debate is too narrowly focused on the role of corporations. There is a robust market for philanthropic works - which we call the market for altruism - in which non-profit organizations, the government, and for-profit corporations compete to do good works. We describe this market and the role corporations play in satisfying the demand for altruism. We conclude that corporations should only engage in philanthropy when they have a comparative advantage over non-profits and the government. Moreover, the government must avoid discriminating - particularly when setting tax policy - between non-profits and corporations that do good deeds."

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