Question: When we say that shareholder wealth maximization should be the primary goal of a corporation, we are assuming that... the firm must also maximize sales.
When we say that shareholder wealth maximization should be the primary goal of a corporation, we are assuming that...
the firm must also maximize sales.
gains to stockholders occur at the expense of overall societal welfare.
management is not purposely concealing important information from investors.
the firm must also minimize the risk of bankruptcy.
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