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

Question

Quizplus · Accepted Answer

The financial manager's primary responsibility is to maximize shareholder wealth, which means they must consider the interests of the stockholders who have invested their money in the company. While other stakeholders’ interests, such as employees and the community, are important, they come secondary to the interests of the owners of the company.

Whose Interests Should a Financial Manager Consider Paramount When Making