shareholder wealth maximization is a primary objective of a a company listed on a stock exchange(true or false)
the answers is TRUE
doubt - 1) are NPO listed on a stock exchange?
2) If they are would't this statement be false since profit maximization is not a primary objective of npo??
Ask the Tutor ACCA FM
financial functions
4y ago#1I assume that by NPO you mean not-for-profit organisation. If so then they are certainly not listed on a stock exchange - who on earth would want to buy their shares if there did not intend to make a profit?
So the statement is true!!
(I explain everything relevant for not-for-profit organisations in my free lectures on them.)
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