People And Companies That Prioritized Principles Over Profit

Sometimes The Man does the right thing, instead of the profitable one.
People And Companies That Prioritized Principles Over Profit

We tend to think of corporations as inherently greedy and evil.  Often this reputation has arrived with good reason. However, it turns out that sometimes businesses forego large profits for objectively noble reasons. Whenever we take the concept of a shareholder to its logical conclusion, you can argue that every individual is a stakeholder in every organization. 

How do corporations balance the claims when there are so many internal and external stakeholders? No subgroup should be regarded more favorably than another in terms of ethics, and management should answer with as many stakeholders involved. However, organizations must prioritize claims due to time and cost constraints as partner needs change. It turns out, some companies and individuals are WAY better at this than others.

It's enough to make you believe in humanity again. At the very least, a bit. So lighten up and scroll down and enjoy a little knowledge that may surprise you.

Dr. Bronner's refused offers from Walmart to stock their soaps. Twice. .BRONNER'S RONNIR'S b BRONNER'S DR. BRONNERIS HEMP CUTRUS HIN- HEMP PEPPERMINT
Studio Ghibli has resolved not to make more than 10 billion yen on merchandise. Co-founder Toshio Suzuki says that oversaturating the market with merc
CRACKED COM Ben & Jerry's makes sure its workers can live comfortably. 13 2.0 2.00 ery 200 175 Phes 2.00 40 OVM Shsk.os coolles 29 125 Brouenshe hocol
Adele has turned down endorsing everything you can imagine. That includes clothes, cars, toys, apps, nail varnishes, food ranges, drink ranges, fitn
When Malden Mills textile plant burned to the ground, its owner Aaron Feuerstein continued paying the workers out of his own pocket. With Christmas ap
SCHINDLERS LIST earned almost 15 times as much money as it cost to make But Steven Spielberg accepted no payment. Calling it blood money, the direct
Dr. Russell Dohner ran a small medical practice in Rushville, IL for nearly 60 years until his death in 2015. Throughout his entire career, Dr. Dohner
CRACKED C COM Glaxosmithkline has successfully invented the world's first vaccine for malaria, and sells it at a non-profit price. gsk GlaxoSmithkline
NDAOTT SC Johnson is cool with selling less Saran Wrap to save the planet. When the company learned that the chemical used to make the product sticky
GRACKEDOOME s Kingsman T HE GOLDEN CIRCLE Twentieth Century Fox canceled their premiere screening of Kingsman: The Golden Circle and donated the alloc
When Patagonia received a $10 million irresponsible tax cut', they donated it to groups working on climate change. In addition, they commit 1% of thei
In 2003, stock analysts were pressuring Costco to slash wages and benefits to boost profits. They insisted that cutting wages and benefits (then the h
The Welsh band Super Furry Animals turned down a seven- figure offer from Coca-Cola. The group refused to let Coke use Hello Sunshine in a commerc
Audible is giving back to Newark, NJ. laudible Since moving operations to a renovated historical cathedral in Newark, the audio-book company hires loc
ORACKEDOON 266 DICK S SPORTING GoODS. In 2019, after a spate of mass shootings, Dick's Sporting Goods destroyed $5 million worth of assault-style rifl
Every week, Target donates over $3 million to the communities in which it operates. Since its inception in 1946, Target gives back 5% of its pre-tax p
mParticle, a data company based in New York, gives two weeks fully paid 'Pawternity' leave, when an employee adopts a stray dog. CRACKEDOON
CRAGKEDEON Despite good ratings and near-universal critical acclaim, the creators of The Good Place decided to end the show with Season Four, to maint
Six major airlines-American, Frontier, United, Southwest, Alaskan, and Spirit-have issued statements indicating their unwillingness or outright refusa
GRAGKEDOON With a renewed focus on health, CVs pharmacy stores stopped selling tobacco products. CVSquitsforgood Let's Quit Together. tobcco Wer auit
Ca| viN I STAND FIRM IN MY BELIEF OF WHAT'S RIGHT! I REFUSE TO COMPROMISE MY PRINCIPLES! aNd HODBES Bill WaHERSoN SPENT Most of His CaREER FiGHtiNG of
Scroll down for the next article

Must Read

VIRAL ON CRACKED

A WEEKLY
NEWSLETTER OF
JOKES + TRIVIA

Forgot Password?