Maximization of shareholder wealth as a goal is superior to profit maximization because:
a. it considers the time value of the money.
b. following the shareholder wealth maximization goal will ensure high stock prices.
c. it considers uncertainty.
d. a and c.
a. it considers the time value of the money.
b. following the shareholder wealth maximization goal will ensure high stock prices.
c. it considers uncertainty.
d. a and c.
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