If a firm attempts to maximize its fundamental stock price, it is good or bad for society? In general, it is good. Aside from such illegal actions as fraudulent accounting, exploiting monopoly poser, violating such codes, and failing to meet environment standards, the same actions that maximize fundamental stock prices also benefits society.
actions that maximize fundamental stock prices also benefits society.
Discuss the benefits of maximization of stock price to the society, focusing on three groups of stakeholders: owners, consumers and employees.