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The goal of the firm is to create value for the companys owners. This is often defined as maximizing shareholders wealth. However, is this definition

The goal of the firm is to create value for the companys owners. This is often defined as maximizing shareholders wealth. However, is this definition too narrow and overly focused on the short term? Could such a short-term focus create long-term problems for the company? Explain by providing some examples. Do you think this is a problem in Saudi Arabia?

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