Oh, I understand what you are saying now. Thank you for clarifying! I agree that executives these days do seem to persist in operating according to the shareholder value myth, despite it being a myth, and despite a bunch of them seemingly admitting to knowing better in 2019[0].
That false pledge certainly suggests that rather than being controlled by the dogma, they perpetuate it so workers and citizens accept turpitude as inevitable and necessary. The carrot is the stock option; the stick is the myth that everyone will get in big trouble if workers refuse to put shareholder wealth first.
[0] https://en.wikipedia.org/wiki/Business_Roundtable#2019_corpo...