Asked by Autumn Henkle on Jul 02, 2024
Verified
The view that the primary concern of business should be to maximize shareholder wealth is rooted in the belief that property rights should take precedence over other types of rights .
Shareholder Wealth
The total value of an investment in a company held by its shareholders, often measured by stock price optimization and dividend payouts.
Property Rights
Legal rights that delineate the ownership and use of property, including intellectual and physical property.
- Scrutinize how labor union approaches intersect with broader economic and societal matters.
Verified Answer
DY
darina yakubovskaya7 days ago
Final Answer :
True
Explanation :
The view that the primary concern of business should be to maximize shareholder wealth is based on the idea that shareholders have property rights in the company and should be the primary beneficiaries of business decisions. This perspective assumes that property rights are more important than other types of rights, such as social or environmental concerns.
Learning Objectives
- Scrutinize how labor union approaches intersect with broader economic and societal matters.
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