Firm goal is to maximize the value of firm for its owners

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Generally, in Corporate Finance, a firm's goal is to maximize the value of the firm for its owners. (For a corporation this would be maximizing the value of the firm's stock.) Could this goal lead to unethical or illegal behavior, especially in areas like customer and employee safety, the environment, taxes, etc.? Try to give specific examples.

Reference no: EM131625158

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