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What is wrong with maximizing the current share price as a goal of managerial actions in corporations? a. Managers can affect the current share price
What is wrong with maximizing the current share price as a goal of managerial actions in corporations?
a. Managers can affect the current share price by strategically delivering company-related information to the market that can benefit their personal wealth.
b. All other options
c. Managers may engage in short-termism and delay the release of bad news.
d. Maximining the current share price inhibits the long-term view in managerial actions.
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