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Able managers - PowerPoint PPT Presentation

The basic goal: to create stock-holder value/shareholders wealth Agency relationships: 1. Stockholders versus managers

CHAPTER 1 An Overview of Financial Management. The basic goal: to create stock-holder value/shareholders wealth Agency relationships: 1. Stockholders versus managers 2. Stockholders versus creditors. What is an agency relationship?.

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Able managers - PowerPoint PPT Presentation

The basic goal: to create stock-holder value/shareholders wealth Agency relationships: 1. Stockholders versus managers