According to your textbook, the financial manager should attempt to maximize the wealth of the firm’s shareholders by achieving the highest possible value for the firm.  1) Please explain how this concept is different from the idea of earning the highest possible profit for the firm; 2) explain how social responsibility and ethical behavior on the part of corporate management affects the value of the firm; 3) discuss the “Agency Theory” and how that relates to the goal of achieving the highest value for the firm

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