That's one theory. There's a competing theory that corporations have obligations to shareholders, customers, employees, and the community in which they operate

That's one theory. There's a competing theory that corporations have obligations to shareholders, customers, employees, and the community in which they operate. And as a practical matter, corporations can usually get away "doing the right thing" if they really want to, as it is good for the company's reputation in the long run, and therefore at least theoretically good for shareholders.