Essentials of Corporate Finance (Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
Essentials of Corporate Finance (Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
9th Edition
ISBN: 9781259277214
Author: Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Bradford D Jordan Professor
Publisher: McGraw-Hill Education
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Chapter 1, Problem 1.11CTCR
Summary Introduction

To critically think about: Whether the goal of maximizing the stock value will be different in the financial management in a foreign country.

Introduction:

The major goal of the firm is the maximization of the owner’s wealth. In order to maximize the owner’s wealth, the financial manager implements the necessary actions that result in the maximum gain without considering the future consequences.

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