Whose interests should a financial manager consider paramount when making a decision?

Question

Quizplus · Accepted Answer

The primary responsibility of a financial manager is to maximize shareholder value, as shareholders have invested their money in the company and expect a return on that investment. While it is important to consider the interests of other stakeholders such as employees and the public, ultimately the financial manager should prioritize the interests of the shareholders.

Whose Interests Should a Financial Manager Consider Paramount When Making