Principles of Managerial Finance, Student Value Edition Plus NEW MyLab Finance with Pearson eText -- Access Card Package (14th Edition)
Principles of Managerial Finance, Student Value Edition Plus NEW MyLab Finance with Pearson eText -- Access Card Package (14th Edition)
14th Edition
ISBN: 9780133740912
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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