Question: Ethical behavior is a necessary condition for shareholder wealth maximization as opposed to profit maximization. Question: Do you believe the goal of the firm is

Ethical behavior is a necessary condition for shareholder wealth maximization as opposed to profit maximization.

Question: Doyoubelieve the goal of the firm is always consistent with ethical considerations? What wouldyoudo ifyoucould implement an unethical (and undetectable) action that would increase firm value?

https://corporatefinanceinstitute.com/resources/knowledge/other/principal-agent-problem/

https://smallbusiness.chron.com/agency-theory-financial-management-81899.html

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