There is nothing wrong with squeezing maximum profits out of business, assuming it doesn't create negative externalities. Justification of this practice is found in the fundamental welfare theorems of economics, which state that an algorithm for maximizing total wellbeing is to let the free market work, and only intervene by redistributing income (under a more realistic set of assumptions, the government should also provided many services).
I consider the responsibility of maximizing shareholder value to be a moral one primarily. If people invested their money in a company, it's not for the management to decide that actually they investors don't need that much return on their investment.
I consider the responsibility of maximizing shareholder value to be a moral one primarily. If people invested their money in a company, it's not for the management to decide that actually they investors don't need that much return on their investment.