What goal might be pursued by managers of a company instead of maximizing shareholders value?

Managers might pursue goals such as enhancing employee satisfaction and engagement, fostering a positive corporate culture, or focusing on sustainable business practices. These objectives can lead to long-term stability and growth, ultimately benefiting the company and its stakeholders. Additionally, prioritizing customer satisfaction and community impact can build brand loyalty and improve the company's reputation, which may indirectly contribute to shareholder value over time.