A firm can choose from an infinitely long list of possible objectives.some of these will appear noble and easly justified,other remain hidden,implicit,embarrassing,even subconscious.Discuss the rationale for selecting shareholder wealth as the main objective of the firm

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shareholder wealth as the main objective of the firm

Managers are suppose to make money, profit. Therefore, they should makes the firm as profitable as they can. They want a high ROI (return on investment).

Shareholder wealth as the main objective of the firm --> this should almost always be a firms number 1 objective.