Company executives exercise wide discretion over the use of corporate assets for charitable purposes. Absent a system of accountability for charitable contributions, executives may use corporate assets for objectives that are not shared by, and may be inimical to, the interests of a company and its shareholders, potentially harming long-term shareholder value.
More Quotes from Steven Milloy:
Microsoft has allowed itself to be used by environmental activist groups that have failed to convince regulatory authorities that PVC plastics pose any danger to human health. We are not aware of any evidence whatsoever that Microsoft's use of PVC in packaging has harmed anyone.Steven Milloy
Hank Paulson has cast his lot with radical greens and their crusade against the global economy. If hes not careful, hes going to match Rachel Carsons record for spreading death and destruction in the developing world.
Steven Milloy
The 'global warming' lobby hopes to stop all dissent by shutting out, shouting down and intimidating any opposition.
Steven Milloy
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Based on Topics: Corporation Quotes, Purposes Quotes, Value QuotesBased on Keywords: harming, inimical, shareholder
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I don't want to achieve immortality by being inducted into the Hall of Fame. I want to achieve immortality by not dying.
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If you have got the public in the palm of your hand, you can be sure that is where they want to be.
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