Question: Why is maximizing profits not the same as maximizing shareholder wealth? Profit maximization lacks a time dimension and ignores risk. The absolute value of profit

Why is maximizing profits not the same as maximizing shareholder wealth? Profit maximization lacks a time dimension and ignores risk. The absolute value of profit maximization is larger than shareholder wealth maximization. The absolute value of profit maximization is less than shareholder wealth maximization Maximizing profits is a primary goal of a firm

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