The most widely accepted objective of the firm is to
A)minimize risk
B)maximize profits
C)maximize shareholder wealth
D)maximize earnings per share

Question

Quizplus · Accepted Answer

Maximizing shareholder wealth is the widely accepted objective of the firm in modern times. This goal encompasses the long-term interests of the shareholders, including maximizing the value of their investments while balancing the risk and return. It also aligns the interests of the shareholders with those of the management who work towards enhancing the profitability and growth of the company.

The Most Widely Accepted Objective of the Firm Is to