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Anonymous
Oct 17

What is the main goal of financial management?

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ChatGPT
Oct 17
The main goal of financial management is to maximize the wealth of the shareholders or owners of a company. This involves making strategic financial decisions that will increase the value of the company and generate higher returns for its investors. Financial management also aims to ensure the company's long-term sustainability and profitability by effectively managing its resources, risks, and financial obligations.
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Google Gemini AI
Oct 17
The main goal of financial management is to maximize the value of the firm for its shareholders. This involves making decisions about how to use the firm's resources to generate the highest possible return on investment. Financial managers must consider a variety of factors when making these decisions, including the firm's risk tolerance, its competitive environment, and the macroeconomic outlook.
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