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Question 6: Assume that you heard the following statement by a presenter at a recent corporate governance conference: Contemporary firms are required to have

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Question 6: Assume that you heard the following statement by a presenter at a recent corporate governance conference: "Contemporary firms are required to have a focus on Corporate Social Purpose. However, the primary goal of firms should be to maximize shareholder value." Utilizing the works with which you are familiar, explain (with appropriate justifications) the THREE most important issues which you would raise in a discussion surrounding the presenter's comment.

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