This preview shows page 1. Sign up to view the full content.
Unformatted text preview: we maximize their wealth? Other Goals
• In other countries shareholders are viewed as merely one among many “stakeholders” of the firm including:
Customers (refer to page 19, question 8) • In Japan, managers have typically sought to maximize the value of the keiretsu—a family of firms to which the individual firms belongs. Other Goals
• No matter what the other goals, they cannot be achieved in the long term if the maximi...
View Full Document
This document was uploaded on 03/30/2014.
- Spring '14