IN THE QUESTION BELOW THE AUTHOR GIVES THE ANSWER TO THE QUESTION. ANALYZE THE AUTHORS ANSWER

In your response, don't simply agree and thank the author for their submission. Treat this as you would a classroom discussion where you ask questions, perhaps you disagree, perhaps you have an example to bring to the discussion. If you ask a question, be sure to come back to that thread and read the response

What is the primary goal of the corporation?

• Maximize Wealth- should be the primary goal of the financial manager. Unlike profit (earnings per share,EPS)maximization, wealth maximization considers the impact of current decisions on the long-term financial health of the firm.
• Social Responsibility- firms should be socially responsible at the same time they earn "normal" profits; otherwise, they probably will go out of business.
• Wealth Maximization and Social Responsibility- actions that maximize the value of the firm also are beneficial to society; wealth maximization improves the standard of living.