Financial managers should primarily focus on the interests of:
A) stakeholders.
B) the vice president of finance.
C) their immediate supervisor.
D) shareholders.
E) the board of directors.

Question

Quizplus · Accepted Answer

Financial managers have a fiduciary responsibility to act in the best interests of their shareholders, who are the owners of the company. Maximizing shareholder value should be the ultimate goal of financial management decisions.

Financial Managers Should Primarily Focus on the Interests Of