The goal of a bank manager should be:
A) to maximize earnings.
B) to minimize taxes.
C) to minimize risk.
D) to maximize shareholder wealth.
E) to maximize net interest income.

Question

Quizplus · Accepted Answer

The goal of a bank manager should always be to maximize shareholder wealth. This is because shareholders ultimately own the bank and expect to see a return on their investment. Maximizing shareholder wealth can be achieved by increasing profitability, managing risk effectively, and making good investment decisions. It is important to note that maximizing shareholder wealth does not mean neglecting the needs of other stakeholders, such as customers and employees, as they also contribute to the success of the bank.

The Goal of a Bank Manager Should Be