Can our goal of maximizing the value of stock conflict with other goals, such
as avoiding unethical or illegal behavior? In particular, do you think subjects
like customer and employee safety, the environment, and the general good of
society fit in this framework, or are they essentially ignored? Think of some
specific scenarios to illustrate your response.
When dealing with a
not-for-profit what sort of goals would the financial manager have and how might
the above topics be different or the same?
Please post references.