Logourl black

Humanitarian Purpose


An action taken by a corporation that is not in any way intended to increase the value of the shareholders’ interest in the business. A corporation cannot act out for humanitarian purposes alone when it diminishes the value of the company.

Related Rules [?]

The related rules section is for members only and includes a compilation of all the rules of law in Quimbee's database relating to this key term.

To access the related rules, please start your free trial or log in.