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Based upon the content in financial systems and goals of a firm, why do businesses focus their attention on maximizing shareholder value rather than just

  1. Based upon the content in financial systems and goals of a firm, why do businesses focus their attention on maximizing shareholder value rather than just maximizing profits?
  2. Based upon the content in financial systems and goals of a firm, why do some experts consider maximizing shareholder value or wealth a dumb idea?
  3. What should be changed to encourage firms to consider shifting their focus away from maximizing shareholder value?

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