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The only way that differs "any corp" is that in most publicly corporations, you want to return that money to your shareholders - and they sit on it for the same
by joe_the_user 1y ago
The only way that differs "any corp" is that in most publicly corporations, you want to return that money to your shareholders - and they sit on it for the same reason. IE, this just says Jobs ran Apple as his personal fife. But since he made lots of money, no one cared.
- lotsofpulp 1y agoI’m a shareholder, and I would rather that money be used to grow stock price (since it is already at a business known for creating new products and markets). If I get a dividend, I have to pay tax today. And then I just turn around and buy more stock with post tax income? If I can sell the share at a higher price when I want the cash, then I can pay the tax whenever I want, possibly under more preferable terms.