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Because they don't have to. They would go back to that in a heartbeat if they had to. It's about maximizing shareholder's revenues, post-tax.
by axlee 5y ago
Because they don't have to. They would go back to that in a heartbeat if they had to. It's about maximizing shareholder's revenues, post-tax.
- pembrook 5y agoThere would be no way to do that with a giant public company. Instead of distributing profits to shareholders, is Microsoft going to buy 1,000,000 BMWs for their investors and hold them on their books as company cars to dodge taxes? Not practical.