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Economists view that the goal of a firm is profit maximization. However, in finance, this goal is not regarded as satisfactory, and the maximization of

Economists view that the goal of a firm is profit maximization. However, in finance, this goal is not regarded as satisfactory, and the maximization of shareholders' wealth is regarded as a more valid goal. discuss why maximization of shareholders' wealth is the ultimate objective of a firm from the finance perspective.

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