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If they thought of doing that they could and probably should be sued. CEOs have a fiduciary duty meaning they are legally implored to do what is best for the co
by pducks32 9y ago
If they thought of doing that they could and probably should be sued. CEOs have a fiduciary duty meaning they are legally implored to do what is best for the company and bringing money back at a 40% tax is not in the financial interest of the company.
- toyg 9y agoAny judge would rule that following the law of the land is not against the interest of the company.
- module0000 9y agoThe judge has zero say in the CEO keeping his job though, and firing is a foregone conclusion when you make a decision that kills shareholder value. Decisions that don't increase shareholder value are "dubious" at best, and decisions that obviously decrease shareholder value are "insane" at best to the board.