ford91exploder
Resident Curmudgeon
Seems more of a symptom of everything being about driving quarterly profits. Looks better to current investors if profits are increasing NOW rather than later so that means if you are in charge it doesn't benefit you to have a bunch of profit killing costs during your tenure, look as though you are performing poorly and get canned, then the next guy comes in and he benefits from the rides you paid for with all the profits being attributed to him with none of the costs.
Yes the 'Wall St Syndrome' also factors in here. Where 'rent seeking' (google it) is valued far above actual INVESTMENT in products and services.