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If a company does something that is right, but loses money, shareholders will sue it.
by summm 5y ago
If a company does something that is right, but loses money, shareholders will sue it.
- criddell 5y agoAnybody can sue for any reason. Doesn't mean they will win. Companies give lots of money to all kinds of causes that have no possibility of any financial return. Apple isn't special in this regard and they aren't getting sued for it.
- kfprt 5y agoAlmost all corporate charity is in return for tax breaks.
- criddell 5y agoSure, but the break isn't terribly big. Certainly not enough to justify giving away money. US corporations (especially big tech companies) often pay well under 20%. If they give $100 to the local children's hospital, they are down $80+.