Stout's article and follow-up book The Shareholder Value Myth both make much the same argument. She thinks people want to have a simple picture of the "purpose"

Stout's article and follow-up book The Shareholder Value Myth both make much the same argument. She thinks people want to have a simple picture of the "purpose" of a corporation, and lean on this idea of shareholder value maximization as a crutch. In reality, a corporation is just another chaotic political body with different voting rules.