Ancalagon
Dusty Dragon
But when investors are complaining that a company is "mismanaged" because they could make more money thought stock manipulating shennanigans and the management won't do it, they need to be roundly ignored. Not just ignored - actively shouted down. That's how companies get destroyed. Because folks like that are not motivated to thnk about the long term health of the company - they're motivated to think about how to maximize their earnings. And if destroying the company would make them wealthy beyond the dreams of King Midas, well, they're going to do that.
the main objective of a publicly traded corporation is to increase shareholder value. BY LAW, if a corporation does not do that, investors are allowed to sue.
If, supposed, putting you and I in a very large pot and boiling us alive would increase shareholder value, corporate ethics dictates that the corporation should do so, and the board would be remiss to not push for it; it's literally their job.
Is this wrong? Yes. But corporations cannot change because doing that might reduce shareholder value.