Maximizing intrinsic stock value benefits society by creating a more efficient and equitable capital market. When stock prices accurately reflect the underlying value of a company, investors are able to make more informed decisions and allocate capital more efficiently. This helps to ensure that capital is allocated to the most productive investments, which can lead to increased economic growth and job creation. Additionally, when stock prices accurately reflect the underlying value of a company, it helps to reduce the potential for market manipulation and insider trading, which can lead to more equitable outcomes for all investors.
