Cheating shareholders, esp large ones is a big no no since there are real consequences for CEOs engaging in such behaviour.
There's no indication that there's nonconsent involved, nor any actual espionage. this is a way to impress upon someone a set of moral code that is arbitrary and capricious with extreme social coercion. To judge by that standard is pretty close to the anti-gay hysteria of the McCarthyist era. Enough is enough.
And it's not like "McCarthyists" invented the concept of adultery being bad. Almost every major culture developed the concept independently. The Abrahamic religions, Chinese confucianism, Buddhism, and Hinduism had little contact with each other 2,000 years ago, but all developed the notion of adultery as a major moral transgression.