Managers should maximize shareholder wealth "subject to ethical constraints"

What does it mean to say that managers should maximize shareholder wealth "subject to ethical constraints"? What ethical considerations might enter into decisions that result in cash flow and stock price effects that are less than they might otherwise have been?

Get Top-Notch Quality Essays TODAY !

Ready to join our block community of business leaders for four days of virtual sessions on driving developer happiness and boosting productivity?

Place Order