Should be to maximize shareholder value

Reference no: EM133232146

Assignment:

a. We often hear that objective of firms should be to maximize shareholder value. What, if anything, makes shareholders special?

b. Shareholders are special because they are the owners. But, what do they own, really? The only ownership rights that shareholders have is the right to sell their shares, and the right to vote on the board of directors and certain other corporate actions (such as mergers). This must be completed before moving on to the next page. Students are welcome (and encouraged) to discuss and share ideas with colleagues.

Reference no: EM133232146

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