The primary goal of a financial manager should be to __________.

Question

Quizplus · Accepted Answer

The primary goal of a financial manager should be to maximise the value of the firm's shares. This means increasing the wealth of shareholders by making wise investment decisions and generating profits. While minimising operating costs, interest payments, and tax payments are important considerations, they should be balanced with the goal of maximising shareholder value. Maximising operating income is also not the primary goal, as it may involve risky decisions that could harm the long-term prospects of the firm.

The Primary Goal of a Financial Manager Should Be to __________