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A comment on The Perks Are Great, Just Don’t Ask What We Do. Parent comment

Re:The Perks Are Great, Just Don’t Ask What We Do by kbenson on Tuesday May 31, 2016 @02:53PM (#11809055)
First link in the quick Google search I did, which starts with a story where Henry Ford wanted to stop paying special dividends to partial owners. "At trial, Ford testified to his belief that the company made too much money and had an obligation to benefit the public and the firm’s workers and customers." The judge did no agree. I haven't read the whole article yet, but it seems definitely to apply (and also notes there is little precedent in this area).

1: http://www.professorbainbridge.com/professorbainbridgecom/20...

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Re:The Perks Are Great, Just Don’t Ask What We Do by rhizome on Tuesday May 31, 2016 @05:15PM (#11810317)
I'd say a 100 year old case speaks to a lack of enforcement of fiduciary duty in the courts.
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Re:The Perks Are Great, Just Don’t Ask What We Do by Phlarp on Tuesday May 31, 2016 @05:38PM (#11810491)
On the other hand, "Henry Ford got smacked for it" speaks loud enough to stop most executives and their corporate lawyers from testing the waters. Even if some time has passed.
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Re:The Perks Are Great, Just Don’t Ask What We Do by ryanlol on Tuesday May 31, 2016 @06:18PM (#11810737)
http://www.delawarelitigation.com/uploads/file/int51%281%29....
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Re:The Perks Are Great, Just Don’t Ask What We Do by drumdance on Wednesday June 01, 2016 @01:12PM (#11816167)
That's just an example of fiduciary duty, not one relevant to taxes or outsourcing, which I mentioned in my original comment.

Again, has anyone every sued a company to demand that they try harder to lower their tax bill or move operations overseas?

Some companies even brag about NOT outsourcing. Socially conscious marketing.

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Re:The Perks Are Great, Just Don’t Ask What We Do by ryanlol on Wednesday June 01, 2016 @03:51PM (#11817575)
>not one relevant to taxes or outsourcing, which I mentioned in my original comment.

Perhaps this is related to the fact that I wasn't responding to your comment?

>Some companies even brag about NOT outsourcing. Socially conscious marketing.

And?

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Re:The Perks Are Great, Just Don’t Ask What We Do by rhizome on Wednesday June 01, 2016 @05:30PM (#11818342)
I think their point is: does refraining from outsourcing expose a company's leadership to fiduciary duty risk?
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Re:The Perks Are Great, Just Don’t Ask What We Do by ryanlol on Wednesday June 01, 2016 @06:37PM (#11818843)
If such a decision is overwhelmingly likely a bad choice, most likely yes.

However, obviously there's always potential risks and costs involved in outsourcing that need to be taken into account when evaluating such decisions.

This would also presumably require that the leadership be informed of the obviously better course of action.

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Re:The Perks Are Great, Just Don’t Ask What We Do by drumdance on Wednesday June 01, 2016 @01:10PM (#11816153)
The dispute was about dividends. No mention of taxes or outsourcing.
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