Contemporary Financial Management
Contemporary Financial Management
14th Edition
ISBN: 9781337090582
Author: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
Publisher: Cengage Learning
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Chapter 1, Problem 3QTD
Summary Introduction

To discuss: The kind of company that is more suitable to be a shareholder’s wealth maximizer one with wide proprietorship and no proprietors directly involved in the company’s management or one that is held closely.

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What goals might be pursued by managers instead of maximization of shareholder wealth?
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