Public companies do not actually have a legal obligation to maximize shareholder value. That is a myth based on a misreading of the Dodge V Ford decisions. That specific reading of the precedent of that decisions has never actually been used in a court case to charge a CEO.
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Public companies do not actually have a legal obligation to maximize shareholder value. That is a myth based on a misreading of the Dodge V Ford decisions. That specific reading of the precedent of that decisions has never actually been used in a court case to charge a CEO.