I seem to recall reading somewhere that companies, or possibly just corporations, are required by law, somewhere to take the most profitable actions.
So if a corporation is looking at, say, renting out apartments, it would have to charge the maximum rent it could, rather than charging a lower rent to, say, help homeless families get back on their feet, or something.
Now I can imagine that the desire of shareholders for profit might easily push the corporation in the direction of maximum short-term profit. My question is, is there anywhere where taking the maximum profit is required by law?
Or am I misinterpreting something?