Shareholder Returns Failing Business

This will be a short post. What's the harm in shareholders? Businesses owing to shareholders become focused on profits for a small group of people, trying to make a larger profit than the years before. Sounds like a good plan but that can't happen, there's a finite amount of resources and customers. It can be achieved through developing newer or better products but that requires funding R&D, something that doesn't always have a payoff as quick as needed to satisfy shareholders. This leaves the profit having to come from extra expense on customers and reduction in wages to the producers in a business. Adding expense on customers is a very short term benefit, usually giving any competitor an opportunity to undercut and take customers. Reducing pay and/or bonuses to staff is slightly better, given the cult of business people will find it hard to leave and when they do there will be someone willing to take the job to get there start even at a lower wage. Take out the shareholder and a business may expand slower but is more in control of its direction, its funding could be better supported through business loans, as long as it keeps up the minimum payment they've little to worry about and keeps its autonomy. Leaving it room to develop as a business that can benefit its consumers with products or services they want or need.