Can there be a difference between profit maximization and shareholder wealth maximization? If so, what could cause

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Can there be a difference between profit maximization and shareholder wealth maximization? If so, what could cause this difference? Which of the two should be the goal of the firm and its management?

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Introduction to Corporate Finance

ISBN: 978-0324657937

2nd edition

Authors: Scott B. Smart, William L Megginson

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Question Posted: May 13, 2015 05:46 AM

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Can there be a difference between profit maximization and shareholder wealth maximization? If so, what could cause

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Introduction to Corporate Finance

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