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Your classmate from high school comes to visit you. He owns a very successful company. He just hired a financial manager, who recommended to your

Your classmate from high school comes to visit you. He owns a very successful company. He just hired a financial manager, who recommended to your friend that the best option for the firm is to maximize the company profit, which you disagree with. You said no, you should maximize the shareholder value. Explain to your friend what you mean.

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