Is there anything between a
Is there anything between a public corporation and
a non-profit corporation? Like an entity that isn't penalized (through loss
of share value for shareholders) for doing good like donating to charity
or doing other foundation things, but also isn't limited in growth like nonprofits
usually are? (I just mean that nonprofits usually would have trouble justifying
investing their money/cash for capital growth purposes.) There's corporations
that do more charity, of course, and there are nonprofits that are big, I'm
just wondering if there could exist another entity or framework that would
make it in a company's financial interests to benefit more than just their
own internal balance sheets.
Posted by Curt at May 6, 2002 03:11 PM