OI E$-$Learning

What should be the primary goal of financial managers? Explain why it is the best possible goal.

as a financial managers the most primary goal should be maximizing shareholder wealth because this is generally considered the primary goal of financial management as it gives both profitability and sustainable growth, ensuring long term value for shareholders. Along with that maximizing profits and minimizing costs is also primary goal because reducing costs is crucial, but it$-$should not compromise the quality of products and services which can effect company's reputation and future earnings. the company's main pillar is considered to be finance and to manage this for long term and good financial decisions that will lead to achieve financial goals.$|$