CORPORATE FINANCE - CONNECT ACCESS
CORPORATE FINANCE - CONNECT ACCESS
12th Edition
ISBN: 9781264054893
Author: Ross
Publisher: MCG
bartleby

Concept explainers

Question
Book Icon
Chapter 1, Problem 4CQ
Summary Introduction

To critically think about: Whether the goal of maximizing the firm’s stock value conflict with other goals, like avoiding illegal or unethical behavior.

Introduction:

The financial managers make decision for the sake of the shareholders, which must be in the legal and ethical environments. If the shareholders want to buy the shares, then it is beneficial and a good decision, which increases the value of the stock. However, poor or unethical decisions will reduce the value of the stocks.

Summary Introduction

To critically think about: Whether the environment, employee and customer safety, and the general good of the society fit in this framework or they are ignored. Illustrate with a specific scenario.

Introduction:

The financial managers make decision for the sake of the shareholders, which must be in the legal and ethical environments. If the shareholders want to buy the shares, then it is beneficial and a good decision, which increases the value of the stock. However, poor or unethical decisions will reduce the value of the stocks.

Blurred answer
Students have asked these similar questions
what are the five components of case study design? Please help explain with examples
Commissions are usually charged when  a right is exercised. a warrant is exercised. a right is sold. all of the above will have commissions A and B are correct, C is not correct
What is Exploratory Research Case Study? What is the main purpose of Exploratory Research?
Knowledge Booster
Background pattern image
Finance
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Business/Professional Ethics Directors/Executives...
Accounting
ISBN:9781337485913
Author:BROOKS
Publisher:Cengage
Text book image
Financial Management: Theory & Practice
Finance
ISBN:9781337909730
Author:Brigham
Publisher:Cengage
Text book image
Cornerstones of Cost Management (Cornerstones Ser...
Accounting
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Cengage Learning
Text book image
Entrepreneurial Finance
Finance
ISBN:9781337635653
Author:Leach
Publisher:Cengage
Text book image
Managerial Accounting: The Cornerstone of Busines...
Accounting
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Cengage Learning
Text book image
International Financial Management
Finance
ISBN:9780357130698
Author:Madura
Publisher:Cengage