Reconcile high standards of ethical business practices with the concept of shareholder wealth maximization and stakeholder theory. What responsibility do executives have to their shareholders and their stakeholders? What role do financial institutions play in financial management? What role do financial markets have in financial management? Please compare and contrast the two. .

1. Reconcile high standards of ethical business practices with the
concept of shareholder wealth maximization and stakeholder
theory. What responsibility do executives have to their
shareholders and their stakeholders?
What role do financial institutions play in financial
management? What role do financial markets have in financial
management? Please compare and contrast the two.