>>43270377It's not even that, it doesn't even happen in America as much as you think it does
The reason it happens isn't because the shareholders have the control to force that, it's because the DOGSHIT fucking MBAs that are hired to run the company at the upper levels think it's the way to go, which doesn't happen because of going public but rather because the company decided that short-term explosive growth is what's needed to raise stock price and profits to increase the upper-echelon's paycheck
The Japanese have different sets of business woes as well though, such as their endemic "pretend you're working or work only just hard enough so you seem busy because it looks good" on top of disregard for stable growth measures if it costs any amount of money because they'd rather stagnate and die than actually invest in themselves
