Question: Answer these questions briefly: (15 marks) 1. Explain why shareholders prefer an increase in share value rather than company's sales as a financial objective. In
Answer these questions briefly: (15 marks) 1. Explain why shareholders prefer an increase in share value rather than company's sales as a financial objective. In answering your question list two differences between the two company's objectives: shareholder wealth maximisation and profit maximisation II. What is meant by agency theory and how can it be reduced? list the principles of the corporate governance code. III. Define dividend policy and list its three theories, explain each briefly
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