The very article you cited disagrees! You said they have "an obligation to maximize shareholder profits" while the linked article says they have to "operate in the interests of the shareholders." Those are two very different things!
Hunt around for just a few minutes on the google search, "do corporations have a legal obligation to maximize share value," and you'll see that what you said is the myth that gets repeated -- this one link probably summarizes the argument against the myth in the most neutral way:
Hunt around for just a few minutes on the google search, "do corporations have a legal obligation to maximize share value," and you'll see that what you said is the myth that gets repeated -- this one link probably summarizes the argument against the myth in the most neutral way:
https://skeptics.stackexchange.com/questions/8146/are-u-s-co...