Yes, because I don't think it's that big of a deal.
You can have 750 corps in your CEO. Some die. Just replace them. And if your CEO isn't making enough money to cover the debt from the occasional closed corps, then you should probably work on your CEO - same for the moving penalty.
If you're upset about the moving penalty then that's fine, but don't attack stripping countries. It's a great way to make coins and profit off of inactives.
What does it simulate? Stripping countries is our version of annexing the Sudetenland, or invading Poland... or Manchuria if you prefer. It's not just adding a country, it's absorbing a country.