+1, Here's a piece explaining the details: https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-

+1, Here's a piece explaining the details: https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits https://www.nytimes.com/roomfordebate/2015/04/16/what-are-co... I appreciate skohan's perspective and their comments in this thread very much. It won't take much to adapt the points to be technically correct while preserving the gist.