Why is it that, powerful corporations don't assist in natural disasters?

Question

When a natural disaster strikes, many people and countries respond to this global emergency, with food, medical supplies and human comfort items for the survivors, but why doesn't Yahoo! Inc., a multibillion dollar Internet company respond with some type of assistance?

Are they afraid that there profit margins will decrease and they won't have as much money to spend on themselves, or are they just too stingy to want to help other cultures that are less fortune then they are, especially during a worldwide crisis?

What do you think?

Tlna: How do you know they do?

Answer 1

Most corporations don't want people know that they give and that's because it would start an onslaught of people asking for donations. Many only support only one charity, and this alleviates solicitation for money or goods. "We only support breast cancer." or "We give our support to seniors in need." This calls off the charity seekers. Companies check the validity of the charity, and do give to natural disasters, and the like. Furthermore, in giving companies do get a tax write off, but are careful of donating to every Dick and Jane.

Answer 2

Earthquake packs greater punch at the same time as they are going than the rest in need of a everyday meteorite hitting out planet (and because a meteorite comes form outdoors of earth, it incredibly is rather ruled out out of your question). An earthquake of magnitude 8 on the Richter scale correspond to the flexibility of a 20 megaton nuclear bomb, and 9 might consequently be such as 2 hundred megaton (the main effective bomb ever detonated became into around 50). Earthquake of capability 9 would desire to happen as quickly as each and every 2 a protracted time on the earth. Hurricanes expend greater capability than the main effective earthquake (as much as a hundred cases greater in the time of an afternoon) yet by way of fact that it incredibly is opened up over 24 hours, the actualy outflow of capability is performed at a fee it incredibly is 10 cases under related to a considerable earthquake. Likewise, a considerable volcano eruption would be unfold over an prolonged quantity of time than a telluric adventure, so back, it incredibly is ability for a quantity of time that equals capability.

Answer 3

If it is a stock company then all stockholders are owners. The CEO has a responsibility to them and them only to produce as much income from their investment as possible.. They can't say, "I think I'll do the right thing" They have to do the best thing for the company to make profit. Just like the CEO of Exxon/Mobile.

Answer 4

Big corporations DO assist in natural disasters, in all sorts of ways, and I know this because I read the news, I read OneWorld regularly, I read Reuters Alertnet, and I sometimes visit the web sites of major companies like Microsoft just to see for myself. In addition to cash, they often donate the time of their local staff (IT department staff, for instance) and their local facilities (conference rooms, video conferencing facilities, warehouses, etc.) to relief coordination efforts. Transportation companies like DHL also frequently pitch in with their resources. Many local NGOs are *overwhelmed* with offers from large corporations during major, high profile disasters, and need assistance coordinating all of the offers for help effectively (so that donations don't sit in warehouses forever, so that donations of items don't deny income-generating opportunities for local people, etc.).

So, I've cited my sources for this information -- care to cite yours?

Answer 5

How do you know they don't? Just because someone doesn't advertise their participation in humanitarian aid responses doesn't mean they aren't involved. I'm not saying Yahoo! is involved because I don't know. I'm just saying let's stop assuming the worst.