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<blockquote data-quote="Umbran" data-source="post: 6258495" data-attributes="member: 177">Charitable donations are tax deductions.&nbsp; Sometimes, strategic use of such can lower the company's tax burden, and end up raising either their dividends or share price.&nbsp; Plus, making charitable donations is, in effect, marketing.&nbsp; &quot;We do good things!&quot; makes the public want to buy your products or services.I'm guessing most major companies aren't losing their shareholders much with their charitable work.But, to address the larger question in the OP:Companies don't operate in a vacuum, they don't &quot;just do business and make money&quot;.&nbsp; What they do has impact on people who work for them, people in the supply chain, people who buy the products - all over the place.&nbsp; So, whether or not they made a public statement, they take an effective stand o any number of things.&nbsp; Better they do so thoughtfully and deliberately, rather than just by happenstance and not considering the repercussions of their actions.&nbsp; And at that point, why not be public about it?If I don't like the ethics of my employer, I start seeking other employment.&nbsp; If I agree with their ethics, why should I not want them to be public about them?</blockquote>

[QUOTE="Umbran, post: 6258495, member: 177"] Charitable donations are tax deductions. Sometimes, strategic use of such can lower the company's tax burden, and end up raising either their dividends or share price. Plus, making charitable donations is, in effect, marketing. "We do good things!" makes the public want to buy your products or services. I'm guessing most major companies aren't losing their shareholders much with their charitable work. But, to address the larger question in the OP: Companies don't operate in a vacuum, they don't "just do business and make money". What they do has impact on people who work for them, people in the supply chain, people who buy the products - all over the place. So, whether or not they made a public statement, they take an effective stand o any number of things. Better they do so thoughtfully and deliberately, rather than just by happenstance and not considering the repercussions of their actions. And at that point, why not be public about it? If I don't like the ethics of my employer, I start seeking other employment. If I agree with their ethics, why should I not want them to be public about them? [/QUOTE]

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