If it were "illegal", the State would be actively prosecuting any executive not making money. That's obviously absurd. Not maximizing shareholder value (which

If it were "illegal", the State would be actively prosecuting any executive not making money. That's obviously absurd. Not maximizing shareholder value (which in itself doesn't necessarily mean profit, btw) is, at best, a breach of contract, a civil matter between private parties. Losing a civil trial doesn't mean having done something illegal. You know how people say things like "I wish the fundamentals of coding/math/financial accounting/music/whatever were actually taught in school, everyone should know them"? I wish people also got a basic understanding of legal terms.