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Business, 01.10.2019 18:20 alexmoramedina

You sit on the board of a public corporation. your ceo has proposed taking steps to offset the carbon impact of your company's manufacturing process. doing so will add to the company's overall expenses. your ceo argues, however, that this action will actually increase the stock price, maximizing shareholder wealth. why might socially-responsible activities also be value-maximizing?

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