QUESTION 3 (maximum word-count: 1,500 words) In managerial decision-making, it has been advocated that decisions made should be based on maximizing shareholders' wealth. At the same time, it has been argued in the stakeholder theory that the interests of all the stakeholders should be taken into account when making managerial decisions. The dynamics are further influenced in Asian firms given the tendency of family ownership and control. REQUIRED: Discuss the contention that the stakeholder theory is inconsistent with the argument that decision-making should be made based on maximizing shareholders' wealth and whether corporations can only choose one or the other and not both. Illustrate your arguments using a listed Malaysian corporation. (10 marks)