Abstract: We investigate M-ideals of compact operators and two distinct properties in norm-attaining operator theory related with M-ideals of compact operators called the weak maximizing property and the compact perturbation property. For Banach spaces $X$ and $Y$, it is previously known that if $\mathcal{K}(X,Y)$ is an M-ideal or $(X,Y)$ has the weak maximizing property, then $(X,Y)$ has the adjoint compact perturbation property. We see that their converses are not true, and the condition that $\mathcal{K}(X,Y)$ is an M-ideal does not imply the weak maximizing property, nor vice versa. Nevertheless, we see that all of these are closely related to property $(M)$, and as a consequence, we show that if $\mathcal{K}(\ell_p,Y)$ $(1
Comment: 25 pages
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