question archive In the academic world, we assume that the objective of a firm is to maximize shareholders' wealth
In the academic world, we assume that the objective of a firm is to maximize shareholders' wealth
Subject:MathPrice: Bought3
In the academic world, we assume that the objective of a firm is to maximize shareholders' wealth. Nevertheless, in the commercial world, people usually think the maximization of profits is the objective of running a business. If you are the Finance Director of Bilibili - how can you balance and appraise which is more appropriate to adopt as the benchmark to make financial decisions. (Hint: you need to consider and analyze financial returns, social responsibility (i.e. ESG concerns) in your answer.)
