Ultimate objective of a corporate management team

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(a) What should be the ultimate objective of a corporate management team in terms of how it runs its business? Why? Can you cite an incorrect objective and explain how it might serve the firm poorly over the long-term?

(b) Quickly outline the two main areas of finance as an academic discipline: corporate finance (also known as ‘financial management’), and asset pricing (also known as ‘investments’).

(c) Briefly describe the most important legal and financial features of a ‘corporation’ that distinguish it from other forms of business organizations.

(d) Discuss the main differences between stocks and bonds.

Reference no: EM131012839

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