Question
Generally, a company's top managers are appointed by its board of directors supposedly representing shareholders. In your opinion, what should the primary objective(s) of a
Generally, a company's top managers are appointed by its board of directors supposedly representing shareholders. In your opinion, what should the primary objective(s) of a company's managers be? Whose interests should they take into account when making managerial decisions?
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The primary objective of a companys managers should be to maximize the longterm value of the firm for its shareholders while also considering the inte...Get Instant Access to Expert-Tailored Solutions
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
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