But there's also this: By formally adopting the ad hoc volunteerism already taking place within the company and then properly tracking and accounting for such pro bono projects, corporations can cut back on cash contributions and still report a steady or rising commitment to charity.
Until now, the Met complained, most of these matters were in the hands of Marshall Rose, the chairman of the project corporation, and Gordon J. Davis, the president of Lincoln Center.
Mr. Rose, who as chairman of the project corporation reached the agreement with the Met, said, "It is the policy of the corporation not to comment on matters that are not concluded".
The changes, which include weighted voting, would give the Met, as Lincoln Center's largest constituent, the biggest voice on the board of the project corporation and could win final approval as early as today, center constituents said yesterday.
For some major multipurpose projects, public corporations were established to undertake and administer them.
"What we have not seen is a lot of new technology projects inside corporations".
It also played on its projected 2017 corporation tax rate of 16-17 per cent as a sweetener to Baxalta's shareholders.
The exhibition will also highlight projects by corporations like Lustron and Sears Roebuck, and the German Kupferhaus of the 1930s.
Many of them work for consulting companies, called "body shops," that farm them out to work on short-term projects for corporations.
Although it has no formal role in the project, the corporation has successfully pressed the developer and Con Edison in the reconfiguration of the building.
