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So I'm evaluating this statement,Managers should not focus on the current stock value because doing so will lead to an overemphasis on short-term profits at

So I'm evaluating this statement,"Managers should not focus on the current stock value because doing so will lead to an overemphasis on short-term profits at the expense of long-term profits." does this make sense or is this inaccurate? and can someone explain to me why?

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