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One of the concepts introduced in this week's readings is that the goal of the firm is to maximize shareholder wealth. In other courses (such

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One of the concepts introduced in this week's readings is that the goal of the firm is to maximize shareholder wealth. In other courses (such as business ethics), you may learn that the goal of the firm is to serve all of the firm's stakeholders, not just the shareholders. In 2019, a prominent group of executives--the Business Roundtable--declared that they were adopting the stakeholder view. Please read the following academic article that deals with these differing views: Finance and Business Ethics in an Era of Stakeholder Capitalism.pdf In your posts, please address the following questions: 1. The author analyzes strengths and limitations of the Shareholder view. In your analysis, which of these strengths and limitations are the most important? Why? Do the strengths of this view outweigh the limitations, or vice versa? Why? 2. The author analyzes strengths and limitations of Stakeholder Capitalism. In your analysis, which of these strengths and limitations are the most important? Why? Do the strengths of this view outweigh the limitations, or vice versa? Why? 3. The author proposes a harmonization of the shareholder and stakeholder views, resulting in "Socially Responsible Value Maximization." Do you agree or disagree with the author's conclusions? Why? One of the concepts introduced in this week's readings is that the goal of the firm is to maximize shareholder wealth. In other courses (such as business ethics), you may learn that the goal of the firm is to serve all of the firm's stakeholders, not just the shareholders. In 2019, a prominent group of executives--the Business Roundtable--declared that they were adopting the stakeholder view. Please read the following academic article that deals with these differing views: Finance and Business Ethics in an Era of Stakeholder Capitalism.pdf In your posts, please address the following questions: 1. The author analyzes strengths and limitations of the Shareholder view. In your analysis, which of these strengths and limitations are the most important? Why? Do the strengths of this view outweigh the limitations, or vice versa? Why? 2. The author analyzes strengths and limitations of Stakeholder Capitalism. In your analysis, which of these strengths and limitations are the most important? Why? Do the strengths of this view outweigh the limitations, or vice versa? Why? 3. The author proposes a harmonization of the shareholder and stakeholder views, resulting in "Socially Responsible Value Maximization." Do you agree or disagree with the author's conclusions? Why

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