The Financial Manager
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This paper contends that the primary goal of every corporation is to maximize shareholder wealth, primarily through cash dividends and share value appreciation. It explains that the role of the financial manager is to act in accord with this premise. It expands that this tenet is not without obstacles, corporations must battle with issues such as the agency problem and the backlash of unpopular decisions. The paper reviews the roles of the financial manager in today's financial markets.
From the Paper:"The primary goal of every corporation is to maximize shareholder wealth primarily through cash dividends and share value appreciation. To this end the role of the financial manager is to act in accord with this premise. Under his/her auspices the financial manager must determine which factors affect the company's stock price and which choices will add value to the company all the while ensuring that the company doesn't run out of the cash necessary for continued day-to-day operations and planned growth strategies ..."
Cite this Essay:
The Financial Manager (2004, December 01) Retrieved January 25, 2021, from https://www.academon.com/essay/the-financial-manager-73409/
"The Financial Manager" 01 December 2004. Web. 25 January. 2021. <https://www.academon.com/essay/the-financial-manager-73409/>