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. Firms often involve themselves in projects that do not result directly in profits. For example, Microsoftcorporation donated $10 million to Stanford University hospitals and
. Firms often involve themselves in projects that do not result directly in profits. For example, Microsoftcorporation donated $10 million to Stanford University hospitals and another $40 million to the African aid organization (Product) RED, a charity fighting against AIDS, tuberculosis, and malaria. Do these projects contradict the goal of maximization of shareholder wealth? Why or why not?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
14th Edition
1264101597, 9781264101597
