Can a firm sustain its operations by maximizing stockholders wealth at the expense of other stakeholders ?

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Can a firm sustain its operations by maximizing stockholders’ wealth at the expense of other stakeholders?

Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...
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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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