It's true for many companies, but to be successful it helps to act as though it isn't.
Senior leadership sincerely believes that they are a force for good even when they are doing things to harm their workers, their customers, or society at large. It's human nature to feel that way, and to contradict that is to offend them and risk getting labeled as "hopelessly immersed in Reddit toxicity".
And the easiest way to keep up the act is to fool yourself, because most of us aren't good at faking it. Find the best in senior leadership and emphasize it to yourself; find win-win opportunities (or make them!). Maybe it's even true that the company is a force for good! (I genuinely believe this about all my past employers in varying amounts, but I've been choosy and have made sacrifices.)
But be stern about never putting yourself in a position where you can be taken advantage of, because senior leadership, being weak humans like all of us, will succumb to temptation.