If a firm's managers want to maximize stock price it is in their best interests to operate efficient, low-cost plants, develop new and safe products that consumers want, and maintain good relationships with customers, suppliers, creditors, and the communities in which they operate.

Question

Quizplus · Accepted Answer

Maximizing stock price generally involves creating long-term sustainable value for the company, which can be achieved by operating efficiently, developing desirable products, and fostering positive relationships with stakeholders.

If a Firm's Managers Want to Maximize Stock Price It