Why does finance preach the wisdom of maximizing shareholder wealth as the primary corporate objective?(5 Marks)

(b)Explain the major factors that affect a firm's stock price. Which of these factors are under the influence of Corporate Managers?(10 Marks)

(c)Do managers really want to maximize Shareholder Value / Wealth? How might management be tempted to indulge itself and pursue its own self-interest?(5 Marks)

(d)How can Shareholders motivate managers to act in their best interest?(5 Marks)