The primary goal of corporate management should be to:

Question

Quizplus · Accepted Answer

Maximizing shareholders' wealth means increasing the value of the firm, which in turn benefits shareholders by increasing the value of their investments. This goal aligns with the overall objective of the firm to generate profits and remain competitive in the market. Maximizing profit and minimizing costs are important considerations, but they should not come at the expense of the long-term success and sustainability of the business. Therefore, the primary goal of corporate management should be to maximize shareholders' wealth.

The Primary Goal of Corporate Management Should Be To