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No. Its singular obligation is to the shareholders - not even to the customers, except insofar as that builds longterm shareholder value. Of course, in practic
by trapezoid 13y ago
No. Its singular obligation is to the shareholders - not even to the customers, except insofar as that builds longterm shareholder value.
Of course, in practice there's a lot of leeway in deciding how much attention one should pay to customers; loyal customers are key to a company's success.
Whether or not to pay extra taxes, however, is cut and dry. There's virtually no benefit to Apple in voluntarily paying a higher tax, so it doesn't do so. Any obligation it has to the state must be explicitly stated in law. There's no concept of civic irresponsibility for companies; that's exactly what laws are for. there's only legal and illegal.