Bundle: Fundamentals of Financial Management, 15th + MindTap Finance, 1 term (6 months) Printed Access Card
15th Edition
ISBN: 9781337817417
Author: Eugene F. Brigham, Joel F. Houston
Publisher: Cengage Learning
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Chapter 1, Problem 7Q
Summary Introduction
To identify: The stockholder wealth maximization thought of as long-term or a short-term goal.
Stockholder Wealth Maximization: The stockholders are the ultimate owner of the company and the management of the company should act on the behalf of stockholders. Stockholder wealth maximization means increasing the value of the firm’s stock value by properly utilizing the stockholders fund.
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Bundle: Fundamentals of Financial Management, 15th + MindTap Finance, 1 term (6 months) Printed Access Card
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