You have the correct term, but that’s not exactly how it works. At my last job the CEO told the board that he intended to lose money building our staff, skills and core software products. They applauded him. (Oops, we made a profit on those years anyway, but the point stands.)

Fiduciary responsibility mainly means they have to make a good faith effort to protect and grow company finances. They have no obligation to drive the line up quarterly.