Median tenure of large cap companies is like 5 years. Those CEOs are financially incentivized to raise stock value. It's not hard to imagine that many, many exe

Median tenure of large cap companies is like 5 years. Those CEOs are financially incentivized to raise stock value. It's not hard to imagine that many, many executives are motivated to maximize profits even if it hurts the company in the long run. That's not even a matter of opinion. Of course half the CEOs are above the median, which means some do seem to care enough to invest for long term value. In fact, short term gains is basically the reason private equity firms exist - extracting what value can be extracted from a company and then letting it die.