Question: What does it mean to say that managers should maximize shareholders wealth subject to ethical constraint? What ethical considerations might enter into decisions that result

What does it mean to say that managers should maximize shareholders wealth subject to ethical constraint? What ethical considerations might enter into decisions that result in cash flow and stock prices affects that are less than they might otherwise have been? What recourse do shareholders have to keep CEOs ethical? Would you only buy stocks in companies that meet your ethical standards?

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