maximization of a company''s share, Financial Management

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a. The primary financial objective of a company is the maximization of the wealth of shareholders ...per corporate finance theory.    Though, this objective is usually replaced by the surrogate objective of maximization of the company's share price.    Talk about how this substitution can be justified. 

b. Describe why maximization of a company's share is preferred compared to maximization of sales..as a financial objective.    

 


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