A financial manager's goal for the firm is to create a portfolio that maximizes return for a given level of risk.

Question

Quizplus · Accepted Answer

The primary goal of a financial manager is to maximize shareholder wealth, typically represented by maximizing the stock price, rather than specifically creating a portfolio that maximizes return for a given level of risk, which is more directly related to the role of an investment manager or portfolio manager.

A Financial Manager's Goal for the Firm Is to Create