Corporate social responsibility

Mixed news on likely effects on corporate giving of recession

1 February 2009
www.alliancemagazine.org

Although total charitable giving by the 500 biggest companies has grown in real terms over the past few years, it has fallen by more than half as a percentage of pre-tax profits, according to the Charities Aid Foundation – from 1.6 per cent in 2001-02 to just 0.7 per cent in 2005-06, the latest period for which figures are available.

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