When the goals of stakeholders conflict with each other, financial managers usually adopt the view that the preferences of internal stakeholders, such as managers and employees, should be given the most weight.

Question

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Financial managers strive to maximize the value of the firm for all stakeholders, including external stakeholders such as shareholders and creditors. When the goals of stakeholders conflict, financial managers typically adopt a balanced approach that considers the interests of all stakeholders, rather than favoring one group over another. While the preferences of internal stakeholders may be important, they are not necessarily given the most weight in decision-making.

When the Goals of Stakeholders Conflict with Each Other, Financial