4 ms·
Google by law has to take advantage of these "loop holes". They are a publicly traded and thus by law have the obligation to maximize their shareholder returns
by Arcticus 13y ago
Google by law has to take advantage of these "loop holes". They are a publicly traded and thus by law have the obligation to maximize their shareholder returns. So taking advantage of these tax loop holes they are fulfilling that duty. Doesn't excuse it but it does prevent Google from just saying no we won't do it.
- judk 13y agoThis is patently false. Read Google's S-1 and Letter to Shareholders.
- 21echoes 13y agothe "shareholder value theory" is a myth: http://blogs.law.harvard.edu/corpgov/2012/06/26/the-shareholder-value-myth/ http://blogs.law.harvard.edu/corpgov/2012/06/26/the-sharehol... http://www.nytimes.com/2012/08/11/opinion/nocera-down-with-shareholder-value.html http://www.nytimes.com/2012/08/11/opinion/nocera-down-with-s... there is no "law" that makes Google obligated to do this.