Re:Unity’s New Pricing: A Wake-Up Call on the Importance of ...
by WillPostForFood on Friday September 15, 2023 @10:48AM
(#37523906)
Dodge v. Ford Motor Company was a Michigan State decision, so even if one thinks it means maximizing shareholder value is the law (it really didn't say that, broadly), it only applies in Michigan.
My (IANAL) reading of it is that maximising shareholder value is probably the law, but it's practically unenforcible. Being practically unenforcible doesn't stop CEOs and boards from using it as a guiding principle.
https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.