11. Goal of the firm [LO 1.2] Evaluate the following statement: managers should not focus on the...

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11. Goal of the firm [LO 1.2] Evaluate the following statement: managers should not focus on the current shares' value because doing so will lead to an overemphasis on short-term profits at the expense of longterm profits.

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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