NCICL director Robert Orr is ignorant
--- North Carolina Institute for Constitutional Law, the non-profit that spearheaded the Dell incentive lawsuit, also issued a statement saying the plant closure illustrates a "stark and painful example of the folly of the incentives game" played by state and local governments.
So, now we know the stupid company organization
--- "No matter how big the incentive package, operational decisions by businesses headquartered out-of-state will be driven by corporate financial considerations and not by any sense of loyalty to the community being left behind," wrote NCICL director Robert Orr.
I guess this Robert Orr did not see NCR Corporation move their corporate headquarters from Dayton, OH to Duluth, GA. The location of the company is not the issue - a company can change locations of a HQ at any time!
Besides this, it does not matter where the company is HQ'ed at. If the community is a major share holder, there is a sence of loyalty to that shareholder. If the community is not a major shareholder, there is little sence of resposibility.
A company is legally responsible to their share holders. If a community is putting a company at risk of violating their feduciary responsibilities to the shareholders, the community is being immoral and is asking the company to break the law.
A community can not morally ask any company to hurt their shareholders. Shareholders are very often a signinficant portion of the life savings of retired people or people saving for retirement. A community should never suck money from the segments of society most vulnerable, those people who are retired, and call it "loyalty".