I have principles-fatigue after going through a number of companies that promise to abide by certain good sounding principles only to backtrack at the slightest pushback. I would actually trust a company more if it had no defined principles. Perhaps just honesty and transparency.
Possibly a better alternative than, say, Bridgewater when Ray Dalio was in charge. Adherence to principles was part of a high percentage of decision making conversations, but since is book is so big, they might be best compared to theological arguments in the middle ages, with different specialists arguing with different quotes from different parts of the book. All in all, once an organization gets big enough, power…
There is an interesting hypothesis for this in the book "The Evolution of Civilizations" by Carroll Quigley[1]. Basically his idea in the book is that as organizations (or civilizations) get beyond a certain critical mass, people start to lose connection with the collective goals that originally united them and start to coalesce around internal goals related to their smaller unit. So this in a company is when you go from everyone devoting all their efforts to the shared mission and instead working on team goals or (worse) internal politics that may or may not be aligned with the bigger goal.
It's a very interesting book. He's a controversial figure because some of his (other) writings are popular among conspiracy theorists. I haven't read that stuff, but this certainly made sense to me at the time that I read it.
[1] https://ia801601.us.archive.org/4/items/CarrollQuigley-TheEv...