A financial manager's overall objective is to increase the value of the firm and thus to increase shareholders' wealth.

Name: A financial manager's overall objective is to increase the value of the firm and thus to increase shareholders' wealth.
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Quizplus · Accepted Answer

This is a commonly accepted principle in financial management. By making smart investment and financing decisions, financial managers aim to increase profits and company value, ultimately leading to higher shareholder returns.

A Financial Manager's Overall Objective Is to Increase the Value