Wealth maximization is consistent with ethical behavior because
A) Managers tend to focus on long-term results not immediate performance
B) All unethical behavior by managers is known and ethical shareholders will not hold shares in their companies
C) Any unethical behavior always results in legal proceedings against the company
D) Low wages and poor working conditions do not produce quality, innovative products
E) In the short term, ethical behavior is always more cost-effective than unethical behavior
Correct Answer:
Verified
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