The other key aspect is prioritization of profit--this is most commonly to shareholders. It can even begin before a company is publicly traded to make it look

The other key aspect is prioritization of profit--this is most commonly to shareholders. It can even begin before a company is publicly traded to make it look better on paper. The worst case of this I witnessed is the company preparing to go public improving the bottom line, and ultimately not doing so. The owners were stuck with the bad will and less sustainable operations. One way to combat this is to have pride in ownership, which usually only happens when the majority owner is an original founder or a descendent (and the company has the family name).