I feel like any time a company goes public they lose the ability to pass up on revenue. The C-suite report to the board, who have a fiduciary duty to maximize profits.
Same with private VC/PE held companies. The board will replace the C-Suite if they aren't maximizing value.
You'd need to find a company which is huge but privately held by a group of people with only good intentions.
* Fiduciary duty to act in shareholders' interests. This is not the same thing as "maximize profits".
Maximizing profits makes the stock price go up. That benefits the C-suite. Because they're paid in stock.
The board designs their compensation package that way because they figure "number go up" is the easiest way to show they're acting in shareholders' interests.
Same with private VC/PE held companies. The board will replace the C-Suite if they aren't maximizing value.
You'd need to find a company which is huge but privately held by a group of people with only good intentions.