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The question is misleading. In fact the goal of financial management is to maximize future share prices. Current share prices are a reflection of past financial decisions. David
The agency problem is a result of the separation between the decision makers and the owners of the firm. As a result managers may make decisions that are not in line with the goal of maximization of shareholder wealth.
The goal of the firm is wealth maximization so efficient financial management requires the existence of goal or objective. The goal of the firm is earning market per share but we can know about best company by finding it's market share price. It is a reflection of the firm's investment, financing, and asset management decisions.
there is a direct relationship between financial decision making and risk and return. each financial decision made by the financial manager will have implication for the overall risk of the firm and its potential returns. All financial decisions are ultimately subjective in nature regardless of the amount of objective information collected as part of the decision making process. as a result, not all financial managers view risk return trade offs similarly. however it is expected they such decision making will be consistent with the goal of the investors that the financial manager represents. good luck......
The goal setting is an important part of the financial planning process because it will minimize the wastage and misuse of financial resources.
To make a profit or a bigger profit. To maximize the wealth of stockholders or price of the shares
The question is misleading. In fact the goal of financial management is to maximize future share prices. Current share prices are a reflection of past financial decisions. David
Simple answer: They both provide useful information to users. Thus is the true goal of accounting. Cost accounting users= managers Financial accounting user= shareholders
The agency problem is a result of the separation between the decision makers and the owners of the firm. As a result managers may make decisions that are not in line with the goal of maximization of shareholder wealth.
The goal of the firm is wealth maximization so efficient financial management requires the existence of goal or objective. The goal of the firm is earning market per share but we can know about best company by finding it's market share price. It is a reflection of the firm's investment, financing, and asset management decisions.
Corporate financial management refers to the discipline and strategies used by companies to manage their financial resources and make informed decisions about investments, expenses, and financing. It involves a wide range of activities, including financial planning, budgeting, cash flow management, risk assessment, and capital structure management. The goal of corporate financial management is to maximize shareholder value and ensure the long-term financial stability and success of the company.
conflicts between a shareholders goals ana a managers goal may arise when the shareholder decides to by-pass the principle of agency theory which states that the mangers and shareholders should have equal rights of financial decision making unless one via the other is made to be clearly resolved through devastating financial effects. the conflict from here then oon arises.
To procure&utilisation of funds to a company
there is a direct relationship between financial decision making and risk and return. each financial decision made by the financial manager will have implication for the overall risk of the firm and its potential returns. All financial decisions are ultimately subjective in nature regardless of the amount of objective information collected as part of the decision making process. as a result, not all financial managers view risk return trade offs similarly. however it is expected they such decision making will be consistent with the goal of the investors that the financial manager represents. good luck......
His goal was to invade egypt
The long term goal of an accountant is to ensure accurate financial reporting, maintain compliance with regulations, and provide strategic financial guidance to help businesses make informed decisions and achieve their financial objectives. They may also aspire to advance their career, obtain professional certifications, or specialize in a particular area of accounting.
Reading a novel within a week is a personal development goal, as it focuses on improving skills or knowledge. It does not directly relate to personal finance, which involves managing money and financial decisions.