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What does it mean to say that managers should maximize

What does it mean to say that managers should maximize shareholder wealth "subject to ethical constraints"?

What ethical considerations might enter into decisions that result in cash flow and stock price effects that are less than they might otherwise have been?

250 words with citations and references.

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Financial Management: What does it mean to say that managers should maximize

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Financial Management: What does it mean to say that managers should maximize

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