Why is it that the maximization of wealth of the firm`s present owners is the central role of financial management? And why is it prioritized than the maximization of profit of firm?

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
The long-run objective of financial management is to?
Posted by:
Emad Mohammed said abdalla
19-March-2015

Profit Margins Firm Valuation Financial Projections Financial Reporting Wealth Management

Question added by Aliyu Ahmed Alhaji , Teacher , Wuraola Group of School, Ogun state
Date Posted: 2016/06/06

Upvote (0) Views (1) Followers (0) Answers (0) Report Question

Be the First to Answer
Register now or log in to answer.

0 Answers

Popular Searches

Sales Executive Jobs Engineers Jobs Engineering Technicians Jobs Accountant Jobs Driver Jobs

Write Your Answer

More Questions Like This

Can go out on the principle of stability presentation of Items of Financial Statements?
Top Answer: <p>True</p> See More

Answers (2)
Shouldn't we discuss here the best financial management practices followed ?
Top Answer: <p>Agreed with Mr. Venkitaraman.</p> See More

Answers (4)
WACC is derived by finding a firm's cost of equity & cost of debt & averaging them according to the market value of each sources. a. True b. false
Top Answer: <p>a.true</p> See More

Answers (10)
A financial manager usually prefers to issue preferred stock rather than debt because
Top Answer: <p><span><span>C. The preferred dividend is often cumulative, whereas interest payments ... See More

Answers (7)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.