Royal Gazette

Royal Gazette: "Charitable giving should not suffer due to heightened scrutiny on companies
By Lilla Zuill

Scrutiny of corporate executive behaviour has had the "unintended consequence" of putting a damper on charitable giving -both of time and money - by the top brass of some companies.
Donald Kramer, a senior executive with ACE Limited and chairman of the Bermuda National Dance Foundation, told an audience gathered at the weekly Hamilton Rotary meeting yesterday that there were clear signs that executive and corporate support for charity was, in some cases, being called into question.
Speaking with The Royal Gazette following his speech, Mr. Kramer said the scrutiny so far had been confined to the US and had not yet extended to Bermuda. But with many of Bermuda�s major corporations being public companies listed on US stock exchanges as well as doing business in the US, he said the scrutiny could eventually extend to corporations based on the Island."