No, they do have independent agendas. The ownership in an S corp is spread out over many thousands of people, and they are ineffective at exerting their own age

No, they do have independent agendas. The ownership in an S corp is spread out over many thousands of people, and they are ineffective at exerting their own agenda onto the company. Even those who believe themselves effective at doing so. I think it was Charlie Stross who first said that corporations are actual AIs whose code executes on wetware of its employees. In the execution of that AI code, new agendas are developed that were never communicated or even imagined by anyone who could reasonably be called an owner.