Most economists suggest that firms should not engage much, if any, in philanthropy, because simply making a profit is difficult, and shareholders expect a high return on their investment.

Question

Quizplus · Accepted Answer

Economists often argue that a firm's primary responsibility is to maximize shareholder value, and engaging in philanthropy can divert resources away from this goal, potentially affecting profitability and shareholder returns.

Most Economists Suggest That Firms Should Not Engage Much, If