Question
What does it mean to say that managers should maximize shareholders' wealth subject to ethical constraints? What ethical considerations might enter into decisions that result
What does it mean to say that managers should maximize shareholders' wealth "subject to ethical constraints"? What ethical considerations might enter into decisions that result in cash flow and stock price effects that are valued lower than they might otherwise have been?
response has to be a minimum of 250 words
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Financial Accounting
Authors: Carl Warren
13th Edition
1133607616, 978-1133607618
