Regulations are based on how we can account for profits, net revenue, capital gains. These companies don't record profit (an accounting term). They record net r

Regulations are based on how we can account for profits, net revenue, capital gains. These companies don't record profit (an accounting term). They record net revenue to avoid income tax. See the chart in the essay. What stated goal? Reference? Increase shareholder value is not legal requirement. see http://www.nakedcapitalism.com/2017/02/why-the-maximize-shareholder-value-theory-is-bogus.html http://www.nakedcapitalism.com/2017/02/why-the-maximize-shar...