> the corporate good (and by extension shareholders) The top answer (after the second edit) makes a very good and explicit distinction between the corporation

> the corporate good (and by extension shareholders) The top answer (after the second edit) makes a very good and explicit distinction between the corporation and the shareholders. The shareholders do not, in fact, own the company, they have just entered into a contract with it that grants them certain rights. This means you can do things that are good for the company that are not necessarily good for the shareholders (and vise versa).