Principles of Managerial Finance (14th Edition) (Pearson Series in Finance)
Principles of Managerial Finance (14th Edition) (Pearson Series in Finance)
14th Edition
ISBN: 9780133507690
Author: Lawrence J. Gitman, Chad J. Zutter
Publisher: PEARSON
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Chapter 12.4, Problem 1FOE
Summary Introduction

To discuss: Whether the firm’s goal is ethical.

Introduction:

A business organization wherein the members of the organization sells good or services is termed as a firm.

The major goal of the firm is the maximization of stock value. In order to maximize the stock value, the financial manager implements the necessary actions that result in the maximum gain without taking into the future consequences.

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