Earlier quoted context omitted.
> His job is to say whatever assuages his market I understand the cynicism but this is in fact not the job of a businessman. We shouldn't perpetuate the pathological meme that it is.
So the job of a businessman is not to increase shareholder value?
There is no legal or moral imperative to make antisocial, unethical, or short term decisions that "maximize shareholder value."
This is something that morally weak people tell themselves (and others) to justify the depravity they're willing to sink to in order to satiate their greed.
The concept doesn't even make sense: different shareholders have different priorities and time horizons. A businessperson has no way to know what it objectively means to maximize their returns. They must make a subjective determination, and they have extremely broad latitude to do that.