> fiduciary obligation to maximize shareholder profits.
This is kind of true, but not really.
To quote the U.S. Supreme Court opinion in the Hobby Lobby case: “Modern corporate law does not require for-profit corporations to pursue profit at the expense of everything else, and many do not.”
This is kind of true, but not really.
To quote the U.S. Supreme Court opinion in the Hobby Lobby case: “Modern corporate law does not require for-profit corporations to pursue profit at the expense of everything else, and many do not.”
https://caselaw.findlaw.com/us-supreme-court/13-354.html