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The stakeholder wealth preservation principle emphasizes the importance of maintaining and enhancing the value of all stakeholders involved in a business, including shareholders, employees, customers, and the community. This principle suggests that companies should strive for sustainable practices that protect long-term interests rather than focusing solely on short-term profits. By considering the broader impact of their decisions, businesses can foster trust and loyalty among stakeholders, ultimately leading to sustained success and stability.

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1w ago

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