Question
a) The sole overriding objective of a Financial Manager should be to maximise profits of the shareholders in the short term. Critically discuss this statement
a) The sole overriding objective of a Financial Manager should be to maximise profits of the shareholders in the short term. Critically discuss this statement with reference to the relevant theories. (23 marks) b) List the main ways in which Directors actions are monitored and controlled. (7 marks) (Total 30 marks)
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
4th Edition
0077262379, 978-0077262372
