this post was submitted on 08 Apr 2025
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that is an oft repeated mythunderstanding, public companies are not legally obligated to pursue maximum returns for shareholders in the united states.
1 - Movie Games are not an American company.
2 - Yes, there's no law saying "jail the guy who does not make the profit", but by a variety of implicit and explicit contractual and legal obligations, it's still true. If the goal of the company is make money and you are neglectful in that duty, you are in legal breach of your duty.
If a Director of a publically floated company was proved to have deliberately pursued moral good over the best interest of the company, they could be fired, sued to oblivion, and possibly subject to criminal charges, depending on context. Extra liabilities and duties to which directors are held will also often be specified as part of the employment contracts.
Fiduciary duty is a very real thing and breaching it is absolutely punishable by law.