It appears you have not yet registered with our community. To register please click here...

Go Back [M] > Madshrimps > WebNews
Google investors tell board not to be so evil Google investors tell board not to be so evil
FAQ Members List Calendar Search Today's Posts Mark Forums Read

Google investors tell board not to be so evil
Thread Tools
Old 15th May 2014, 07:36   #1
[M] Reviewer
Stefan Mileschin's Avatar
Join Date: May 2010
Location: Romania
Posts: 114,582
Stefan Mileschin Freshly Registered
Default Google investors tell board not to be so evil

A group of activist investors is pushing the Google board to stop being so evil when it comes to paying tax.

Google has managed to miff the known world by avoiding paying tax by funnelling its stonking profits through off-shore bank accounts and having its HQ in Ireland.

Google's annual shareholder meeting is taking place today and Domini Social Equity Fund, which has close to $1 billion of assets, and five other investors in the internet firm want the company to adopt a code of conduct on tax that would bring its corporate structures back in line with its "Don't be evil" motto.

"A set of principles to address misalignments between Google's tax strategies and its commitments to employees, communities, shareholders and the environment would help protect long-term value," they will argue in a proposal to be voted on at Google's annual shareholder meeting.

Vodafone adopted a similar programme in the wake of criticism of its tax planning, and to Johnson & Johnson's "Credo", which is carved in stone in at the group's New Jersey headquarters, promising to "bear our fair share of taxes".
Stefan Mileschin is offline   Reply With Quote

Similar Threads
Thread Thread Starter Forum Replies Last Post
‘Resident Evil 4′ rose from the ashes of the Gamecube remake of ‘Resident Evil’ Stefan Mileschin WebNews 0 30th September 2013 09:42
Apple investors panic over costly iPhones Stefan Mileschin WebNews 0 13th September 2013 06:43
Editorial: Let Google be a little evil Stefan Mileschin WebNews 0 14th May 2013 07:19
OCZ Technology Issues Update for Investors Stefan Mileschin WebNews 0 18th April 2013 07:04
Hands-on with the MID7065, Coby's first tablet with Google Play on board Stefan Mileschin WebNews 0 11th January 2013 07:30
AMD investors spooked by accountant's exit Stefan Mileschin WebNews 0 19th September 2012 06:58
Facebook Investors Know Exactly Whom to Blame Stefan Mileschin WebNews 0 11th September 2012 07:39
Google hacks the Wii Balance Board to surf Google Earth jmke WebNews 0 9th January 2009 20:03
AMD wanted to sell Dresden, investors said no jmke WebNews 3 19th July 2007 16:25
Investors see green in clean tech Sidney WebNews 0 21st July 2005 10:03

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

All times are GMT +1. The time now is 09:52.

Powered by vBulletin® - Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO