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Should stockholder wealth maximization be thought of as a long-term or short-term goal? For example, if one action increases a firms stock price from a
Should stockholder wealth maximization be thought of as a long-term or short-term goal? For example, if one action increases a firms stock price from a current level of $30 to $35 in 6 months and then to $40 in 5 years, but another action keeps the stock at $30 for several years but then increases it to $50 in 5 years, which action would be better? List two examples of a corporate action that might have each of these general tendencies.
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