discussion activity for accounting

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Q1. Explain the “shareholder primacy” thinking in Lynn Stout (2012) about?

Q2. Explain the key arguments in Section 2 of Stout (2012), “The Positive Case Against Shareholder Primacy”.

Q3. In Section 3 of Stout (2012), “The Theoretical Case Against Shareholder Primacy”, five theories are presented. Explain these five theories. How do these theories influence your thinking about maximizing shareholders wealth?

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