It has long been held in traditional finance that the primary objective of a corporation is to maximize shareholder wealth. However, there has been considerable debate on if that is only what corporations should focus on. For this question, pick one side of the debate. Defend that either corporations should only focus on maximizing shareholder value, or that they should focus on total shareholder interests. Try to pick an opposite side in your discussion group or at least attempt to make it balanced to hear sufficient arguments from both sides!

Should corporations maximize shareholder wealth or stakeholder value?