It’s not just a stereotype it’s often their explicit job description! They get hired or promoted with a performance metric for juicing those metrics either as an expectation of the job or as a requirement for performance incentives and bonus pay…

This all of course tends to be set up by fellow MBAs higher up the corporate food chain and since everyone keeps personally profiting no one sees any reason to stop, all the dead and destroyed companies were accidents, bad decisions, acts of god, etc… never due to systemic misunderstanding of business management principles… because that might actually be something the shareholders could sue over, and no one wants that, at a primal subconscious level it’s unthinkable.