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Since the 2 0 0 7 - 2 0 0 8 Global Financial Crisis ( GFC ) , the primary goal of shareholders wealth maximization

Since the 2007-2008 Global Financial Crisis (GFC), the primary goal of
shareholders wealth maximization (SWM) has been greatly debated repeatedly
by academicians and economists. Some have claimed that the root cause of the
GFC is excessive greed because of the single-minded pursuit of SWM while
many have questioned the relevance of SWM in corporate sustainability.

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