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In the shareholder theory, what is the goal of the firm? a. Maximize value to investors in the company’s stock. b. None of them c. Maximize value to investors in the company’s bonds. d. Maximize value to the CEO. e. Minimize agency costs.

Question

In the shareholder theory, what is the goal of the firm?

a. Maximize value to investors in the company’s stock.

b. None of them

c. Maximize value to investors in the company’s bonds.

d. Maximize value to the CEO.

e. Minimize agency costs.

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