While the stock market can impact a firm,it has no effect on the behavior of individual managers.

Question

Quizplus · Accepted Answer

The stock market can influence the decisions and behavior of individual managers, as the performance of the company's stock can affect their compensation, job security, and reputation within the industry. Additionally, changes in the stock market may lead to changes in the overall economic environment, which can impact a firm's strategic direction and decision-making. Therefore, it is important for managers to consider the stock market and its potential effects on their company.

While the Stock Market Can Impact a Firm,it Has No