it is often said that management’s primary goal is to maximize shareholder

it is often said that management’s primary goal is to maximize shareholder

it is often said that management’s primary goal is to maximize shareholder wealth by maximizing the price of the firm’s stock. What other goals might a firm have, and are they congruent with the goal of maximizing share price? How might a firm reconcile these various goals and the needs of other stakeholders?

support your arguments with quality references and citations from peer reviewed articles. ( 500 words excluding references)

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Management Goals

Across different industries, the management of various companies are perceived that maximizing the shareholder value is the main objective. Maximizing shareholder value or wealth happens by ensuring that the profits of the company are as high as possible from one given period to the next. Such profits can be increased through raising the prices of the different goods and services that are provided by the company into the market. However, the management is not only driven by this goal. There are other goals that are pursued by the members of the management to create sustainability and profitability of the company. One of these goals is the social goal or increasing the value that the community or society receives from the company

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