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What does it mean to say that managers should maximize shareholder wealth- ANSWER KEY

What does it mean to say that managers should maximize shareholder wealth- ANSWER KEY
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What does it mean to say that managers should maximize shareholder wealth

P1-6 ETHICS PROBLEM  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?

 

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