Question
2(a) You are newly recruited as a financial manager of John Sum Health Care company which is listed in Hong Kong. The senior executives of
2(a) You are newly recruited as a financial manager of John Sum Health Care company which is listed in Hong Kong. The senior executives of the company including your supervisor, the Chief Financial Officer are granted with company shares in their managerial compensation. During a weekly finance department meeting, the Chief Financial Officer asked you, Is it important for the financial market to be efficient to the company? Why? How does the market efficiency relate to the goal(s) of financial managers and the capital investment as well as financial decisions we need to make? Respond to your supervisor. Illustrate your answer with example(s).
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