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> Traditional corporations in the US are legally required to maximize shareholder profit. https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.

They absolutely are not, and Ford v. Dodge concerned the rights of shareholders, in particular minority shareholders, to not have the value of their positions intentionally devalued through actions of the corporation's management. In fact, in the first sentence of the very article you posted:

> At the same time, the case affirmed the business judgment rule, leaving Ford an extremely wide latitude about how to run the company.

As noted in the "Significance" section, value maximization is a legally-unprovable standard.



I was summarizing in as plain of English as I could in a single sentence.

Also from that page:

> This case is frequently cited as support for the idea that corporate law requires boards of directors to maximize shareholder wealth.

[...]

> However, others [...] found that it was an accurate statement of the law, in that "corporate officers and directors have a duty to manage the corporation for the purpose of maximizing profits for the benefit of shareholders" is a default legal rule




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