Significance of Shareholder's Wealth Maximisation in Business

Business

ABSTRACT
This analysis will try to explain the significance of shareholder's wealth maximisation
conception on the basis of this very famous quotation, “The view of pursuing shareholder
wealth alone, of course, is not the approach most ethicists or (now) most businesspeople take.
The realization has occurred that businesses must participate in society in an ethically
symbiotic way, A fundamental truth is that business cannot exist without society and that society
cannot go forward without business. Thus, business must acknowledge society's existence and
society's growing demand for more ethically responsible business practice.” Joyner and Payne
(2002). The study will thereby highlight the critical scrutiny of this subject matter with the help
of influential journals.

Table of Contents
INTRODUCTION ...........................................................................................................................................4
Shareholder's wealth maximization.........................................................................................................4
CONCLUSION ..............................................................................................................................................5
REFERENCES................................................................................................................................................7