If you can't see that in the main, using Shareholder Value as the main driver of corporate behavior is a bad thing, well, sorry.
In a society where society provides infrastructure, defense, etc, corporations should have a trio of responsibilities.
1) Shareholder (including primarily stock compensated executives) returns
2) Employee (non primarily stock compensated) pay, benefits, and well-being.
3) Society.
American capitalism has embraced #1 to the exclusion of all else, enabled by lax labor laws, corporate tax loopholes, and lower capitol gains taxing. ¯\_(ツ)_/¯
In a society where society provides infrastructure, defense, etc, corporations should have a trio of responsibilities.
1) Shareholder (including primarily stock compensated executives) returns
2) Employee (non primarily stock compensated) pay, benefits, and well-being.
3) Society.
American capitalism has embraced #1 to the exclusion of all else, enabled by lax labor laws, corporate tax loopholes, and lower capitol gains taxing. ¯\_(ツ)_/¯