Hayyakum Allah

Two more issues are worth mentioning on the subject of Internet filtering, in order to help in understanding the complexity of the ongoing debate, primarily in the US. What is the purpose of a corporation? And how can one determine the nationality of a corporation?

It is easier to answer the first question: the purpose of a corporation, as some might know, is to maximize shareholder value. Therefore, the executives of any corporation strive with all their talents and efforts to achieve the objectives of the owners of the corporation, as defined.

As for the nationality of a corporation, the possibilities are many: the country where the stocks are traded, the country where most of the shareholders are located, the country where headquarters are located, the country where most of the employees are located, the country where the most significant markets are located or the country that represents the values of the corporation the most.

In an increasingly global economy, it is hard to find an answer that satisfies everyone. My take on this, however, is that it is the country in whose financial markets the stocks of the corporation are traded.

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