It always astounds me how stupid economists are. Like only an economist would use reasoning using terms something like epsilon to infinity to describe something that is a context dependent feedback loop in a closed system. Like these guys are literally idiots that studied real analysis then said maybe we can just apply that to an oil and gas company, without thinking about how it requires people and social consensus etc. to actually carry out these activities and they exist in a finite closed system with feedback.
"Increase shareholder value" ... yeah until the company subsumes the planet... duh, so natural and rational. And obviously if you act that way forever it won't ever effect shareholder value. It's so stupid of a theory it's basically a non-statement. It's utterly obvious that companies want to make money and obvious that stakeholders want that too. This theory is just saying that goodwill is worthless but like, clearly it's not. Apple didn't have to make it's products beautiful, but it did, because it's cool.