Does the give management the right to act unethically
Problem
The goal of management has always been to maximize value for shareholders. Does this give management the right to act unethically if it won't become public so they can maximize share values?
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23 July 2002 an article entitled Investors Appreciate Dividends Again. Discuss reasons mentioned above, in the context of this assigned readings.
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Does this give management the right to act unethically if it won't become public so they can maximize share values?
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