CONTEMP.FINANCIAL MGMT. (LL)-W/MINDTAP
CONTEMP.FINANCIAL MGMT. (LL)-W/MINDTAP
14th Edition
ISBN: 9780357292877
Author: MOYER
Publisher: CENGAGE L
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Chapter 1, Problem 3QTD
Summary Introduction

To discuss: The kind of company that is more suitable to be a shareholder’s wealth maximizer one with wide proprietorship and no proprietors directly involved in the company’s management or one that is held closely.

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Students have asked these similar questions
How to encourage the managers to act in a way which is consistent with the objective of maximization of shareholder wealth?
Why should shareholder wealth maximization be the overriding objective of the management?
Identify the conflict between the goal of shareholder wealth maximization and other stakeholder concerns (sometimes referred to as environmental, social, and governance (ESG) concerns).
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