The fiduciary duty to promote shareholder value often gets exaggerated in conversations like these. Board members enriching themselves at the expense of shareh

The fiduciary duty to promote shareholder value often gets exaggerated in conversations like these. Board members enriching themselves at the expense of shareholders or trying to turn a for-profit company into a nonprofit are clear violations. Using a business strategy that's arguably not the most profitable one possible is not, nor is prioritizing the long-term success of the company over short-term payouts to current shareholders.