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Chapter 7. Culture of Greed: Sports Stad... > Red Flag 6: When Companies Are Legal...

Red Flag 6: When Companies Are Legally Incorporated in Unusual Places

The majority of publicly traded American companies are legally incorporated in the State of Delaware, which has built its state finances partly on the corporate fees and taxes it can earn. While the Delaware courts have been far from the friends of shareholder activists over the years, they are at least a known quantity.


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