News for hackers. Stuff that matters.

A comment on Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in Income Taxes. Parent comment

Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in... by spullara on Wednesday February 06, 2019 @01:43PM (#19098234)
For companies like Netflix that don't pay dividends, none of it is going to shareholders.
[ Parent | on HN ]
Re:Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in... by AjithAntony on Wednesday February 06, 2019 @02:24PM (#19098787)
All of a corporations actions are to create shareholder value. Retaining earnings and investment in growth does that too. If it wasn't you'd get some activist investors rallying for a takeover.

The underlying issue seems to be whether it is ethical for a business owner to make money.

[ Parent | on HN ]