Respuesta :
The goal of the managers of a publicly owned company should be to maximize the firm’s shareholder value and their stock's intrinsic value.
What should be the main goal of a publicly owned company?
Ans: There should be at least two main goals of a publicly owned company:
Shareholder Value: Increasing shareholder value by making as much money as possible has traditionally been the core objective of practically every public company. However, a lot of businesses are starting to strike a balance between this main goal and other social and environmental objectives that assist satisfy stakeholders and generate profits.
Coinciding Goals: Despite the fact that some publicly traded firms have social and environmental responsibilities incorporated into their missions and corporate governance rules, social goals generally coincide with financial goals. The shift is that businesses now typically understand that failure to adhere to unofficial social and environmental expectations could result in reaction from the public and consumer watch organizations that could harm their profits. Profits and social obligations have become mutually significant objectives for many public corporations as a result.
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