The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to
A) Maximize its expected total corporate income.
B) Maximize its expected EPS.
C) Minimize the chances of losses.
D) Maximize the stock price per share over the long run,which is the stock's intrinsic value.
E) Maximize the stock price on a specific target date.

Question

Quizplus · Accepted Answer

The primary operating goal should be to maximize the long-run stock price,or the intrinsic value.

The Primary Operating Goal of a Publicly-Owned Firm Interested in Serving