“Corporate executives have a fiduciary duty to act in the best interests of their stock holders.”
That’s a valid statement - about 40 years ago. Same applies to our congress critters to have a duty to act in the best interests of their constituents, but they don’t. It’s a sign of the times, a sign of our declining culture, a sign of our heading for the sewer much quicker than did the Roman Republic.
Yes, stock holders should sue the execs as well as voters should impeach their reps, but none of this will ever happen.
most stockholders are blackrock funds ...