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Question Should stockholder wealth maximization be thought of as a long - term or a short - term goal? For example, if one action increases
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Should stockholder wealth maximization be thought of as a longterm or a shortterm goal? For example, if one action increases a firms stock price from a current level of $ to$ in months and then to $ in years, but another action keeps the stock at$ for several years but then increases it to $ in years, which action would be better? Think of some specific corporate actions that have these general tendencies.
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