The problem with the "shareholder value only" model is its focus on generating short-term returns vs. creating long-term value. How is this sustainable? I don'

The problem with the "shareholder value only" model is its focus on generating short-term returns vs. creating long-term value. How is this sustainable? I don't think we should abandon shareholder profit completely (after all, companies do need to make money in order to stay in business). However, I do think the philosophy needs to be balanced with other aims like investment in employees, giving back to the community, environmental stewardship, and thinking about the long-term future of the company. Importantly, these things shouldn't be after-thoughts - they should be cornerstones of the corporate philosophy.