They could. But I find myself lacking warm fuzzy feelings. They could also use the savings for Special Golden Parachutes, Bonuses, Travel Allowances, Company cars, boats and aircraft, and continue their Quarterly looting.
But they wouldn't do that.
No, they would lower the prices and return the money to Little People.
Sorry, forty years in Fortune 500's has left me a reformed optimist.
I have a similar disgain for the average company these days. I haven’t thought through though (wow, that’s a pretty cool string of words there) what the conservative way is to fix it.
Supposedly, if a company is wasting it’s profits on useless things, another company that focuses on the customer should be able to undercut the wasteful company and win market share.
But there is a bias toward large companies, through some rather predatory practices regarding sales outlets that are quite legal but seem monopolistic.