alt Hacker NewsAs far as I am aware, the answer to your question is ‘no’[0].
> Contrary to what many believe, U.S. corporate law does not impose any enforceable legal duty on corporate directors or executives of public corporations to maximize profits or share price. The economic case for shareholder-value maximization similarly rests on incorrect factual claims about the structure of corporations, including the mistaken claims that shareholders “own” corporations, that they have the only residual claim on the firm’s profits, and that they are principals who hire and control directors to act as their agents.
[0] https://corpgov.law.harvard.edu/2012/06/26/the-shareholder-v...
This started long ago, and is one of the best examples of “if you repeat a lie often enough eventually it’ll be widely believed”. It’s a useful tool to manipulate public opinion over a few generations. But no one would ever do such a thing, right?