A major tenet of financial management is to maximize shareholder value.

Explain the concept of maximizing shareholder value. What do we mean by that phrase and how is it measured?

How important is maximizing shareholders' wealth/value to a financial manager?

Why isn't maximizing profits an equally significant objective?

Maximizing Shareholder Value Criteria Ratings Pts 1. Definition: Student properly defines the concept of maximizing shareholder value, 2. Importance: Student explains the relative importance of this concept. 3. Contrast: Student accurately depicts the contrast between maximizing shareholder value and maximizing profits. 4. Writing Quality & APA format: spelling, punctuation, grammar, proofreading, sentence structure, etoc 5.0 pts 5.0 pts 5.0 pts 5.0 pts Total Points: 20.0