Finance Monthly - July 2023 Edition

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute legal, financial, or ethical advice. It is essential to consult with qualified professionals and consider specific circumstances before making any decisions related to offshore structures or ethical considerations compliance with both the letter and spirit of the law. Executives should prioritize ethical decisionmaking, considering the long-term implications of their actions on various stakeholders. The morality of using offshore structures by big businesses is a multifaceted issue with divergent viewpoints. While legality forms the basis for some arguments, others emphasize the need for fairness, social responsibility, and transparency. Striking a balance between maximizing shareholder value and addressing broader societal concerns is crucial. By fostering international cooperation, embracing corporate social responsibility, and promoting ethical leadership, businesses can navigate the complex landscape of offshore structures while upholding ethical standards and contributing to the greater good. Well know offshore jurisdictions include the Cayman Islands, Switzerland, Luxembourg, The Isle of Man and Bermuda to name a few. Finance Monthly. Business & Economy 47

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