It depends on how the corporations thought it would affect them.
Were they worried because there’d be serious Catholic teaching on moral issues? Or were they worried because they thought it might be the usual “anti-capitalist,” anti-corporate and anti-American diatribe so beloved of the Catholic left...which now holds the dominant hand at universities.
It would have exposed the unethical and immoral practices of some corporate executives and would have a negative impact on contributions to the university.
Money was more important than teaching right and wrong. The Catholic University turned down the opportunity, not the corporations. The University was not willing to teach according to Catholic morals. It was not a attack on capitalism.