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11. You are working for a forestry company that provides lumber to the Canadian housing sector. Some of your operations are in a South American

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11. You are working for a forestry company that provides lumber to the Canadian housing sector. Some of your operations are in a South American country. Under that countrst laws there are no requirements to re-forest the areas where your company has cut trees down. Provide an argument as to why actually re-foresting the areas where you have cut down trees might be in the best interest of \"maximizing shareholder value\". Feel free to refer to the course notes and readings in your answer. {8 marks)

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