Should managers maximize shareholder wealth or social value? Companies do invest in their stakeholders, contrary to common
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• Should managers maximize shareholder wealth or social value? Companies do invest in their stakeholders, contrary to common belief. Chapter 20 discusses more fully whether the objective of maximizing shareholder wealth is beneficial for society.
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Principles Of Corporate Finance
ISBN: 9781264080946
14th Edition
Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans
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