Why should shareholder wealth maximization

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Question: Why should "shareholder wealth maximization" NOT be the only goal for a company? Why is social responsibility important for a company to practice in the long term? Use a specific example to illustrate a real-world company practicing social responsibility. In your opinion, who has benefited from social responsibility? Lastly, is practicing social responsibility the same as practicing "ethics"?

Reference no: EM133522268

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