From my perspective, while maximizing shareholder wealth is indeed a fundamental goal of management, it should not be the sole focus. I believe that financial management should encompass a broader perspective that considers not only profit maximization but also the maximization of societal value.In my own experience, I've witnessed how a company's dedication to societal value can enhance its long$-$term success. For instance, during my time at a tech startup, our management team prioritized not only delivering strong financial returns to shareholders but also ensuring our products and services had a positive impact on society. We invested in sustainable practices, such as reducing our carbon footprint and promoting diversity and inclusion within our workforce.This approach not only bolstered our brand reputation but also attracted socially$-$conscious investors and customers. By aligning our financial goals with societal values, we were able to foster stronger relationships with stakeholders, mitigate risks, and drive innovation. Ultimately, this holistic approach to financial management contributed to sustainable growth and enhanced shareholder wealth over the long term. Please elaborate