The overarching principal that a financial manager should follow when making decisions is that decisions should increase the value of the firm to its investors.

Question

Quizplus · Accepted Answer

This principle is known as the "value maximization principle," and it is widely accepted in financial management. All decisions should be made with the goal of increasing the value of the firm to its investors, which ultimately benefits all stakeholders involved in the company.

The Overarching Principal That a Financial Manager Should Follow When