1 (a) Do you consider shareholder wealth maximisation to be a valid objective for a commercial firm?...
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1
(a) Do you consider shareholder wealth maximisation to be a valid objective for a commercial firm? Give reasons for your answer.
(b) Is a commercial firm likely to have objectives other than shareholder wealth maximisation?
(c) Is the objective of shareholder wealth maximisation appropriate for not-forprofit organisations?
(d) Do you think this objective is relevant to the owner-managers of small business enterprises (SBEs)?
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