Question: 1. If management thinks that it can increase shareholder wealth to the detriment of debt holders, employees, or suppliers, is it duty bound to do

1. If management thinks that it can increase shareholder wealth to the detriment of debt holders, employees, or suppliers, is it duty bound to do so?

2. To what extent can senior managers justify becoming very wealthy by granting themselves high salaries, bonuses, and stock options?

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