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

Ethical behavior is a necessary condition for shareholder wealth maximization as opposed to profit maximization. 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? Hint: Review Agency Theory

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