Fiduciary duty does not always mean maximising shareholder value.
I don't know the ins and outs of Vodafone's corporate governance (nor of any other big assed corporations), but not being massive cunts is probably in there somewhere, albeit phrased a little differently.
I agree it probably is - unfortunately those corporate social responsibility sections are completely ignored by virtually everyone.
Whereas the very idea of paying more tax than is strictly necessary would land them with a class action shareholder suit faster than you could say, "greed is good".
I agree it probably is - unfortunately those corporate social responsibility sections are completely ignored by virtually everyone.
Whereas the very idea of paying more tax than is strictly necessary would land them with a class action shareholder suit faster than you could say, "greed is good".