Columbus Business Daily

financial Management Goals?

describing the goals of financial management. the description should include how earnings are valued, how shareholder wealth can be maximized, and how management decisions affect stockholder wealth

Public Comments

1. Earnings are valued as follows: cash in minus cash out. Shareholder wealth is maximized by maximizing revenue while minimizing expenses. Management decisions are effectively the implementation of strategic decisions imparted by the board of directors. If management implements poorly, then stockholder wealth diminishes and vice versa.