Journal of Business Ethics

, Volume 12, Issue 10, pp 745–751 | Cite as

A moral basis for corporate philanthropy

  • Bill Shaw
  • Frederick R. Post


The authors argue that corporate philanthropy is far too important as a social instrument for good to depend on ethical egoism for its support. They claim that rule utilitarianism provides a more compelling, though not exclusive, moral foundation. The authors cite empirical and legal evidence as additional support for their claim.


Economic Growth Corporate Philanthropy Moral Foundation Moral Basis Rule Utilitarianism 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Berle, A. and G. Means: 1932, The Modern Corporation and Private Property (MacMillan, New York).Google Scholar
  2. Friedman, M.: 1970, The Social Responsibility of Business Is To Increase Its Profits. New York Times Magazine 32, 13 Sept., 122–126.Google Scholar
  3. Friedman, M.: 1962, Capitalism and Freedom (Free Press, New York).Google Scholar
  4. Green, S.: 1990, ‘Corporate Philanthropy and the Business Benefit: The Need for Clarity’,Golden Gate University Law Review 20, 239–260.Google Scholar
  5. Mill, J. S.: 1989, On Liberty; With the Subjection of Women; and Chapters on Socialism (Cambridge University Press, New York).Google Scholar
  6. Morrissey, D.: 1989, ‘Toward A New/Old Theory of Corporate Social Responsibility’,Syracuse Law Review 40, 1005–1039.Google Scholar
  7. Nesteruk, J.: 1990, ‘Persons, Property, and the Corporation: A Proposal for a New Paradigm’,DePaul Law Review 39, 543–565.Google Scholar
  8. Nesteruk, J.: 1989, ‘Corporations, Shareholders, and Moral Choice: A New Perspective on Corporate Social Responsibility’,Cincinnati Law Review 58, 451–475.Google Scholar
  9. Simon, J., C. Powers and J. Gunnemann: 1972, The Ethical Investor: Universities and Corporate Responsibility (Yale University Press, New Haven).Google Scholar
  10. Solomon, R.: 1992, ‘Corporate Roles, Personal Virtues: An Aristotelean Approach to Business Ethics’,Business Ethics Quarterly 2, 317–340.Google Scholar
  11. Sommer, Jr., A.: 1991, ‘Whom Should the Corporation Serve? The Berle-Dodd Debate Revised Sixty Years Later’,Delaware Journal of Corporate Law 16, 33–56.Google Scholar
  12. Vartorella, W.: 1992, ‘Playing the Corporate Game: An Insider's Guide to Getting Equipment Grants’,Fund Raising Institute Monthly Portfolio 31(7), 1–2.Google Scholar

Copyright information

© Kluwer Academic Publishers 1993

Authors and Affiliations

  • Bill Shaw
  • Frederick R. Post

There are no affiliations available

Personalised recommendations