Why Are Corporations Hoarding Trillions?

Why Are Corporations Hoarding Trillions?

1/22/2016

link

http://mobile.nytimes.com/2016/01/24/magazine/why-are-corporations-hoarding-trillions.html

summary

In this article from The New York Times, the author delves into the reasons behind the hoarding of trillions of dollars by corporations. The article explores how companies like Apple, Microsoft, and Google have amassed enormous amounts of cash reserves, far beyond what they need for day-to-day operations. It discusses the key factors contributing to this phenomenon, including tax avoidance strategies, uncertainty in the global economy, and the desire to maintain flexibility and financial security. The author also examines the potential consequences of this corporate cash hoarding, such as reduced public investment and slower economic growth. Ultimately, the article sheds light on the complex motivations and implications of corporations holding onto vast sums of money.

tags

corporate finance ꞏ corporate taxation ꞏ offshore accounts ꞏ tax evasion ꞏ wealth inequality ꞏ income inequality ꞏ global economy ꞏ corporate hoarding ꞏ corporate profits ꞏ corporate governance ꞏ tax havens ꞏ multinational corporations ꞏ economic policy ꞏ financial transparency ꞏ tax loopholes ꞏ wealth redistribution ꞏ economic inequality ꞏ tax avoidance ꞏ corporate power ꞏ economic justice ꞏ economic system ꞏ corporate influence ꞏ government regulations ꞏ corporate accountability ꞏ global financial system ꞏ economic wealth ꞏ economic disparity ꞏ economic reform ꞏ corporate responsibility ꞏ economic ethics ꞏ corporate lobbying ꞏ economic globalization ꞏ economic impact ꞏ business ethics ꞏ social responsibility ꞏ economic analysis ꞏ economic theory ꞏ economic research ꞏ economic trends ꞏ economic data ꞏ economic indicators ꞏ economic development ꞏ corporate behavior ꞏ economic consequences ꞏ economic patterns ꞏ economic strategies ꞏ economic perspectives ꞏ economic practices