It's interesting you would mention Jack Welch because he said:
> Shareholder value is the dumbest idea in the world.
There is myth about how corporate directors have a legal duty to maximize "shareholder value" and short term corporate profits at the cost of everything else. This is false. No such thing exists in corporate law. While Burwell v. Hobby Lobby is a deplorable decision, there is a rather remarkable sentence in there:
> modern corporate law does not require for-profit corporations to pursue profit at the expense of everything else, and many do not do so.