Cummins Corporation is a manufacturer of truck engines in Columbia, Indiana, a city of 30,000 inhabitants.Cummins is the largest employer in Columbia and has been the most significant contributor to the public schools and the arts.Cummins is the subject of a hostile takeover by Goldum Company.The offering price is twice the market price of Cummins shares and is clearly in the short-run best interests of the shareholders.Cummin's board of directors wants to oppose the takeover because of the potential impact on Cummins employees, suppliers, and the community of Columbia.If the board acts with such motivations, is the board acting within the proper objectives of a corporation? Discuss why or why not.