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For several years now there has been many discussions focusing on what is the primary financial goal of the public corporation. Is it to maximize

 
For several years now there has been many discussions focusing on what is the primary financial goal of the public corporation. Is it to maximize shareholders' wealth or satisfy all stakeholders? A growing number of companies are committed to putting other stakeholders such as employees, customers, and their communities on equal footing with shareholders. Is maximizing shareholder value inconsistent with being socially responsible? Explain.

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