Asked by kevin fuller on Jun 01, 2024
Verified
The goal of financial managers does not imply that illegal or unethical actions should be taken in the hope of increasing the value of the firm.
Financial Managers
Individuals responsible for managing an organization's financial health, including planning, organizing, directing, and controlling financial activities.
Illegal Actions
Activities that are prohibited by law, which can range from violations of statutes to regulatory infractions in various contexts, including finance.
- Comprehend the essential roles of shareholders and stakeholders within corporate oversight and the ethical dilemmas in finance management.
Verified Answer
JP
Jacob PimentelJun 04, 2024
Final Answer :
True
Explanation :
Financial managers aim to increase the firm's value through legal and ethical means, avoiding actions that are illegal or unethical.
Learning Objectives
- Comprehend the essential roles of shareholders and stakeholders within corporate oversight and the ethical dilemmas in finance management.
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