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QUESTION The traditional goals of corporation are to maximize profit. Many organization past and present has made maximizing profit as their main objective, but new
QUESTION The traditional goals of corporation are to maximize profit. Many organization past and present has made maximizing profit as their main objective, but new school of thought has risen to question that idea. Discuss non traditional objective such as shareholders wealth maximization, manager reward maximization, social responsibility and others. REQUIRED: Criticize non-traditional objective such as shareholders wealth maximization, manager reward maximization, social responsibility and others. (Grand Total: 100 marks) To attempt this assignment successfully, student need to display a wide range of financial management tools and required to apply knowledge learned throughout the subject. The question should be assessed critically and rationally. References from books, articles or academic journals are required and marks will be reduced if none of the conditions are applied. Any enquiries in relations to the assignment should be put up one week before the submission. 2500 Words
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