They’ll make a new entity that extracts most of the profit while the production facility operates at cost or even a loss. Jurisdiction shopping is a thing even within the US.

Let other members of the board go so there’s more seats.

Exactly. It was easy to partition them off.

We’re not confused about why we do it. We’re aware that doing it has negative outcomes.

No amount of prolix explanation excuses even the act of stereotyping.

It may be impossible to avoid stereotyping entirely which is why people practice not doing it. You call this “politically correct”. I call it “behaving decently”.