Nestle chief rejects the need to `give back’ to communities:
Companies shouldn’t feel obligated to ``give back’’ to the community, because they haven’t taken anything away, the Austrian-born chief of the world’s largest food company told local executives yesterday. In a stunning broadside to corporate citizenship as Bostonians have come to know it, Peter Brabeck-Letmathe - head of Nestle S.A. - said companies should only pursue charitable endeavors with an underlying intention of making money for investors.Via Margaret Griffis.
