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Volume 4, Issue 1
1 January 1978
Managerial Finance Cover Image for Volume 4, Issue 1
Review Article| January 01 1978

Financial Objectives: The Traditional Approach

Christopher Pass;
Christopher Pass
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Richard Dobbins
Richard Dobbins
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Author & Article Information
Publisher: Emerald Publishing
Online ISSN: 1758-7743
Print ISSN: 0307-4358
© MCB UP Limited
1978
Managerial Finance (1978) 4 (1): 2–9.
https://doi.org/10.1108/eb013409

The objective traditionally attributed to firms is maximisation of profits. In more recent years this has been replaced with the financial objective of maximisation of shareholder wealth.

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© MCB UP Limited
1978
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