Shareholder wealth maximization is currently the goal of the firm in the United States. However,...
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Shareholder wealth maximization is currently the goal of the firm in the United States. However, U.S. legislators recently proposed a new law that requires large corporations to consider the interests of all corporate stakeholders such as employees, customers, and the communities in which those large companies operate. Do you believe the firms goal should remain as the shareholder wealth maximization? Should firms consider the interests of all corporate stakeholders instead? Explain why.
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