What do you believe is an appropriate objective for a manager in the Accounting and Finance fields? In responding to this question, you might want to consider some of the following:
What are the challenges that managers face in efforts to be ‘socially responsible'?
How might a self-serving manager exploit social responsibility for his or her own personal gain?
Do budgeting processes plus strategic management accounting tools encourage a shareholder- or stakeholder-centric focus?
What mechanisms might help to bind managers' interests to those of shareholders' or stakeholders'?
Does a positive NPV equate to a project that adds value to the typical stakeholder?