Please writting this essay.
"The number one reason for a corporation to exist is to maximize shareholder value"
In a minimum 600-word essay, explain this concept. Explain what determines value for a shareholder. Identify short-term versus long-term result and balancing the interest of the shareholders versus society as a whole. Conflicts between managers and shareholders can exist. Debt holders have a different perspective from shareholders on what is important. Discuss what is at stake for all three groups (management, shareholders, debt holders).