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

1. ^ Jan Schäfer-Kunz, Dieter Vahs: Introduction to Business Administration. Schäffer-Poeschel, Stuttgart, 2007, p. 6.