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> Large corporations (this one has north of 3k employees and is pulling in hundreds of millions in revenue) The statistic 'revenue' is well chosen to support y
by pliny 11y ago
> Large corporations (this one has north of 3k employees and is pulling in hundreds of millions in revenue)
The statistic 'revenue' is well chosen to support your point, because they also posted a net loss in 2015, and 2013, and 2012 and 2011, all in the order of tens of millions of dollars, so while they have a lot of receipts they don't actually have any spare cash.
Companies, big or small, have some quota of instances where they can engage in charity instead of business (that is, make decisions on the basis of their humanitarian value rather than how much they increase net revenue), sometimes they literally engage in charity outside of the company (sponsoring good causes) and sometimes they engage in charity inside the company.
However, if they exceed their quota, they go bankrupt, and then they are incapable of engaging in any future charity and also everyone who works for them gets fired. Companies who consistently lose money (like Yelp) have a lower quota for charity than companies who consistently post profits.