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...
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- Spring '14
- Economics, foreign exchange risk, agency problem, globalization Production globalization