Question: Define a corporate stakeholder. Which groups are considered stakeholders? Would stockholders also be considered stakeholders? Compare the shareholder wealth maximization to shareholder wealth preservation. What
Define a corporate stakeholder. Which groups are considered stakeholders? Would stockholders also be considered stakeholders? Compare the shareholder wealth maximization to shareholder wealth preservation. What is meant by agency cost or agency problem? Do these interfere with shareholder wealth maximization? Why? What mechanisms minimize these costs/problems
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