Topics In Finance Part I-Introduction And Stockholder Wealth Maximization

Judy Laux

14 citations0/0 files storedAmerican Journal of Business Education (AJBE)

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Corporate Finance and Governance Financial Analysis and Corporate Governance Financial Reporting and Valuation Research

Abstract

The following article represents the first in a series dedicated to presenting students the opportunity to better understand the key theoretical constructs in the introductory financial management course. The current essay offers an introduction to the series and covers the topics of stockholder wealth maximization and its close cousin, agency theory.

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References

1976Theory of the firm: Managerial behavior, agency costs and ownership structure 1983Separation of Ownership and Control 1997A Survey of Corporate Governance 200261. Capitalism and Freedom 1995The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications 1995The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications 1963Capitalism and Freedom.1996Theory of the firm; managerial Behavior, Agency Costs, and Ownership Structure

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