Question: There is often a divergence between the shareholder wealth maximization goal and the actual goals pursued by management. The primary reason for this is separation

 There is often a divergence between the shareholder wealth maximization goal

There is often a divergence between the shareholder wealth maximization goal and the actual goals pursued by management. The primary reason for this is separation of ownership and control that both have their own agendas O geographical dispersion of shareholders age differences between managers and shareholders

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