Shareholder return and ethics

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What does it mean to say that managers should maximize shareholder wealth subject to ethical constraints? What ethical considerations might enter into a decision that decreases cash flow or stock price?

Contrast the effort of building a car and building a residential unit. Which one requires more initial capital? What kinds of resources are involved? What are the main differences in their management needs?

Reference no: EM1324699

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Shareholder return and ethics : What does it mean to say that managers should maximize shareholder wealth subject to ethical constraints? What ethical considerations may enter in a decision that decreases cash flow or stock price?

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