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Over a year after its initial public offering, Facebook’s stock closed above the $38 per share IPO price for the first time. So is the CFO finally doing his job? Perhaps he is, if his role is to maintain Facebook’s market value…a perspective The New York Times’ Andrew Sorkin alluded to when he suggested that the IPO had been botched. One may have a different view if the CFO’s job does not include managing investor portfolios…a perspective neatly summarized by Mark Cuban last year. Much of the debate may hinge on how we view the production of shareholder value. “On the face of it, shareholder value is the dumbest idea in the world. Shareholder value is a result, not a strategy…your main constituencies are your employees,…