Loose Leaf Corporate Finance: Core Principles and Applications
Loose Leaf Corporate Finance: Core Principles and Applications
5th Edition
ISBN: 9781260152753
Author: Ross Applied Introductory C Programming, Stephen M.
Publisher: McGraw-Hill Education
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Chapter 1, Problem 8CQ
Summary Introduction

To critically think about: The act of the management is in the interest of the shareholders.

Introduction:

The managers of the firm act in the interest of the shareholders based on two factors. The goals of the management are aligned to goals of the shareholders, which is the first factor. The replacement of the managers for not pursuing stockholders goals is the second factor.

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