Question
What does it mean to say that managers should maximize shareholder wealth subject to ethical constraints? What ethical considerations might enter into decisions that result
What does it mean to say that managers should maximize shareholder wealth "subject to ethical constraints"?
What ethical considerations might enter into decisions that result in cash flow and stock price effects that are less than they might otherwise have been?
please use a reference from less than a year prominent business publication (e.g The wall street journal, Barron's, Fortune etc
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Financial Management for Public, Health and Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
5th edition
1506326846, 9781506326863, 1506326862, 978-1506326849
