If managers do not pursue the goal of maximising shareholder wealth
A)they concentrate on more important matters like growing market share.
B)they can focus more on social responsibilities.
C)they are likely to lose their jobs.
D)they can focus more on long-term profitability.

Question

Quizplus · Accepted Answer

Managers are often evaluated based on their ability to maximize shareholder wealth, and failure to do so can lead to job loss due to dissatisfaction from shareholders or the board.

If Managers Do Not Pursue the Goal of Maximising Shareholder