Yes, that's quintessentially the problem, Yahoo is looking for legitimacy while the company fails.

Our system of governance places a huge value on these sorts of papers as it self fulfils the prophecy that the governance tells us. Our leaders cling to legitimacy by pieces of papers to excuse the poor results.

I mean if the guy who could name all the shadows on the cave couldn't run the company, then obviously the crazy guy who keeps talking about the sun should never be allowed to run it, especially since he lied about being able name all the shadows. Let's put him in jail and find someone who really can name all the shadows and prove once and for all that naming the shadows is really really important.