Each year, corporations give away billions of dollars in philanthropic gifts to improve education, safeguard the environment, promote the arts, and encourage a civil society. In the United States alone, corporations contributed $13.5 billion in 2003, according to the Committee to Encourage Corporate Philanthropy.

But what is the motivation behind corporate giving?

According to a study on business giving to the arts in the United Kingdom, corporate philanthropy is almost never altruistic....

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