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Do corporate decisions that increase the value of the firm's equity benefit society as a whole? A. Yes, as long as the increase in the
Do corporate decisions that increase the value of the firm's equity benefit society as a whole?
A.
Yes, as long as the increase in the value of the firm's equity does not come at the expense of others.
B.
No, any gains in the value of the firm's equity are perfectly offset by societal costs.
C.
Yes, as long as the value of the firm's equity increases, society is better off.
D.
No, any gain in the value of the firm's equity is always less than the cost to society.
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