Question
the primary goal of financial management of a firm is to maximize its stock price in the short run. Improving ROE( return on equity) is
the primary goal of financial management of a firm is to maximize its stock price in the short run. Improving ROE( return on equity) is usually translated into greater stock price. The question is how to improve ROE. Much research agrees that high ROE depends on good liquidity,__________ proper use of debt.
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Handbook Of The Fundamentals Of Financial Decision Making
Authors: Leonard C MacLean, William T Ziemba
1st Edition
9814417343, 978-9814417341
