Define a corporate stakeholder

Reference no: EM131334657

1. Can there be a difference between profit maximization and shareholder wealth maximization? If so, what could cause this difference? Which of the two should be the goal of the firm and its management? Why?

2. Define a corporate stakeholder. Which groups are considered stakeholders? Would stockholders also be considered stakeholders? Compare the shareholder wealth maximization principle with the stakeholder wealth preservation principle in terms of economic systems.

Reference no: EM131334657

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