I would prefer that corporations do what they do best - make profits - and leave the ancillary baggage we’ve put on them to the government or individuals. Companies should not be providing health insurance and retirement benefits, nor should they be intertwined with the government as always happens in highly regulated “private” industries.
If we want to force corporations to be extensions of the government and provide various non-essential services, then yes, they should care more about non-profit motives. However this is a mistake and it makes a company do things it shouldn’t do. I wish companies could only focus on maximizing shareholder value.
I wish companies could only focus on maximizing shareholder value while paying the taxes for the public infrastructures they rely on, such as law, transport, or education.
I wish companies should stop focusing on "maximizing shareholder value", and instead returned just enough profits to keep them going, and focusing on keeping customers happy.
Why? Companies keep customers happy because of competition. You can't force companies to make anyone happy, but you can set up a situation where making customers happy if I'm their best interest.
If we want to force corporations to be extensions of the government and provide various non-essential services, then yes, they should care more about non-profit motives. However this is a mistake and it makes a company do things it shouldn’t do. I wish companies could only focus on maximizing shareholder value.