Explain why maximising a company's share price is preferred as a financial objective to maximising its sales.

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Corporate Finance Principles and Practice

ISBN: 978-1292103037

7th edition

Authors: Denzil Watson, Antony Head

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Question Posted: Apr 14, 2017 11:59 AM

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Explain why maximising a company's share price is preferred as a financial objective to maximising its sales.

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The maximisation of sales has a number of problems as a measure of maximisation of shareholder ...View the full answer

Corporate Finance Principles and Practice

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