The Assumption That the Maximization of Shareholder Value Equates to Long-Term

Multiple Choice

The assumption that the maximization of shareholder value equates to long-term maximization of profit, is justified partly by "simplicity" which means that:

A) The battle between many stakeholders requires common goals
B) to attempt to satisfy all multiple stakeholder goals would lead to managerial paralysis
C) It allows a firm to have a single objective
D) No one will ever be able to fully understand a firm's goals