I think that's great. This notion that corporations exist solely to maximise shareholder value is a neat solution for some real problems (principal/agent) in a

I think that's great. This notion that corporations exist solely to maximise shareholder value is a neat solution for some real problems (principal/agent) in a neat theoretical setting, but not a necessary fact of life, not a sufficient solution in the messy real world, and should certainly not be dogma. Now, whenever there's a discussion about what some company should do, and some free market devotee repeats the mantra that the company should just maximise shareholder value, one can point to this. If hundreds of CEOs agree that the purpose of a corporation is a bit more complex than shareholder value maximisation, then the discussion can proceed to the hard part (how to trade off the different objectives and interests optimally).