> Or executives believe it is beneficial for themselves.

I don't disagree with this. I do get that feeling that this is part of it...

But executives are often the ones trying to squeeze an extra dollar out of every line on the ledger. Are they really willing to spend so much extra for this perceived personal benefit? Are their bosses willing to indulge them like that?

These aren't insignificant costs. For gigantic companies, the big skyscraper headquarters in some world class city must comprise just as much of the budget as a more modest building for a more modest company in Oklahoma. They're spending millions for it.