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January 20, 2023

What is meant by the goal of maximization of shareholder wealth? Why is profit maximization, by itself, an inappropriate goal? What issue does agency theory examine? Why has it be

What is meant by the goal of maximization of shareholder wealth? Why is profit maximization, by itself, an inappropriate goal?
What issue does agency theory examine? Why has it become more important in recent times?
When does insider trading occur? What government agency is responsible for protecting against the unethical practice of insider trading?
What is the difference between a primary and a secondary market?
Who are the stakeholders in the corporation?
Suggest two forms of daily functions and two forms of occasional functions that the financial manager performs

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