1. If management thinks that it can increase shareholder wealth to the detriment of debt holders, employees,...
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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 so?
2. To what extent can senior managers justify becoming very wealthy by granting themselves high salaries, bonuses, and stock options?
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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