a) Discuss the objective of corporate financial manager.
 

b) Explain why profit maximisation fails to be consistent with wealth maximisation.
Include reasons why profit maximisation and/or wealth maximisation may or
may not be appropriate corporate goals in your explanation.

Answer rating: 100% (QA)

a The objective of a corporate financial manager is to maximize the value of the firm for its shareholders This overarching goal is often framed as we... View the full answer