Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Financial Management

Question:
Primary aim of financial management is to:
Options:
Maximize shareholder’s wealth
Wealth maximization concept
Maximization of the market value of equity shares
All of the above
Correct Answer:
All of the above
Explanation:
The primary aim of financial management is to maximise shareholders’ wealth which is referred to as the wealth maximisation concept. which in turn is linked to the market price of a company’s shares .