Principle of the public benefit
In economics, the principle of public benefit describes a general duty to perform social tasks and to be sustainable .
In market economy systems , the principle of public utility is one of the constitutive characteristics of public companies and administrations, alongside the organ principle and the principle of common property .
The promotion of charitable purposes is tax- privileged in Germany ( Section 52 AO ).
Its counterpart is the commercial principle (striving for profit maximization).
Individual evidence
- ^ Jan Schäfer-Kunz, Dieter Vahs: Introduction to Business Administration. Schäffer-Poeschel, Stuttgart, 2007, p. 6.