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Business, 27.05.2020 17:59 iloading5117

A major tenet of financial management is to maximize shareholder value. Explain the concept of maximizing shareholder value. What is meant by that phrase and how is it measured? Maximizing shareholders' wealth/value is (Select one: supremely important, very important, important, somewhat important, not important) to a financial manager? Explain. Why isn't maximizing profits an equally significant objective?

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