Does shareholder wealth maximization benefit society as a whole?

Of course yes, if organization assum objectives of shareholders wealth maximization, it will struggle for profit maximization which will lead to more operations. operations of business needs employees, which will be hired from the society and the unemployment rate will decreased, on the other hand the organization will survive in long run and would meet the demands of the society as whole....

Haleem

Graduate school of business

University of gothenburg Sweden