[ladyattis]

I think it's more of a social norm than a legal right since it would be on shareholders to pursue a lawsuit to prove that the board of directors at a company are sabotaging the business from being successful. Even then, it would be dependent on the given strategies to achieve profit both short and long term. It's not to say that corporate boards have zero incentives to maximum shareholder value since many times the boards are shareholders (whether minority or majority owners), but that if this a problem then it can't be truly solved by papering over it or mythologizing it.