> The CEO and board have a legal responsibility to use those funds in a way that maximizes shareholder return or return it to the shareholders. Please stop spr

> The CEO and board have a legal responsibility to use those funds in a way that maximizes shareholder return or return it to the shareholders. Please stop spreading this and related myths about the legal obligations of corporate officers and directors. They have a fiduciary duty, which has nothing to do with "maximizing shareholder X", or taking any other particular course of action. These myths are simply a way to fool the masses into accepting amoral people acting in ways detrimental to society.