Whit this the company might risk the chance to loose some of their biggest investors, who are keeping the company alive.
The implementation of such change would take years to slowly modify and chisel as much money-loosing-holes as possible.
Plus there would be board meetings where the company have to come up with a short term plan to Convince every money oriented board member that the new corporate contract will shovel money to the business. It is not easy, trust me.
They can’t afford to loose money first to gain money years later.