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The Generous Corporation Argues That Corporations Began Their Philanthropic Activities

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The Generous Corporation argues that corporations began their philanthropic activities primarily out of self­ interest.By doing so,they are able to keep govermnent from intervening in their business activities and imposing more regulations on them.Assuming that this argument is valid,and the firms' motives are primarily self interested,evaluate whether or not the motives are important.That is,are fmns' philanthropic activities less valuable because
they are motivated by self interest? Explain your answer.

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