In this socio-philosophical book the author explains why gifts are not just moral expressions
but function as binding social practices. The first part concerns the conceptual analysis of
the logic of the gift whereas the second part focuses on practical expressions of gift
practices in a business context more particularly bribery and philanthropy. How can gifts turn
into bribes? Why does corporate philanthropy not necessarily imply some form of altruism? Is
corruption a mere expression of cultural characteristics such as discretion and loyalty? Clear
criteria are provided within the logic of the gift to distinguish gifts from bribes. Another
goal is to clarify the myth of corporate donations and how such presumably good corporate
behaviour could either damage or enhance the long-term reputation of a firm. Gift practices are
sometimes exploited blatantly to cover up less benevolent behaviour. Understanding gift
practices within a business context will allow practitioners to pursue an appropriate strategy
of corporate social responsibility. Indeed despite its inherent ambivalence a gift should be
understood as a worthy ethical and social practice within a specific cultural or organizational
context.