Question: In response to the growing concerns about the negative effects of shareholder capitalism, stakeholder capitalism advocates a governance model that encourages and relies on corporate

In response to the growing concerns about the negative effects of shareholder capitalism, stakeholder capitalism advocates a governance model that encourages and relies on corporate leaders to serve the interests of stakeholders and not only those of shareholders. What are the practical difficulties for corporate managers to implement stakeholder welfare maximization as the purpose of a corporation? List and discuss at least two problems with implementing stakeholder welfare maximization.

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