The goal of the financial manager must be consistent with the mission of the corporation which is to maximise the wealth of shareholders. Making investment decisions, selecting finance choices and managing the funding for daily operations are tasks that are carried out by a financial manager. Explain how do these tasks impact the shareholders’ wealth in a company?

Answer rating: 100% (QA)

Answer 1 The ultimate goal of the financial manager is to maximize the shareholders wealth which is ... View the full answer