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A Commonly Cited Business Goal Is Profit Maximization. Why Is This Not The Most Precise Goal Of Financial Management? Referencing A Real-Life Example, Why Should A Corporation Not Do Anything And Everything To Maximize Owners’ Wealth?

 

A commonly cited business goal is profit maximization. Why is this not the most precise goal of financial management? Referencing a real-life example, why should a corporation not do anything and everything to maximize owners’ wealth?

    • 12 hours ago