In what sense is it good that a company can make profit through a business activity in some country, but instead of paying the tax there, it pays it somewhere else?
Companies compete for shareholders by satisfying as many customers as possible. If states can compete for the best deal for international business, companies can better serve people, and those states can house centres of international trade.
It’s not just abstract talk, but incentives that drive us to live different everyday lives than people in guild-economy medieval times, or past slave economies, or how people lived in the GDR or other eastern bloc countries.
You wanted to write “shareholders”, right?
if your goal is to have a few conglomerates rule the world, then this is a good way to do it. Not sure how that is much different from a powerful "state" though
Companies must create valuable things people want, or be out of business in a very short time.