contestada

For financial managers to be socially responsible, it is necessary that they:

a.

decrease the market price of the company’s stock.
b.

minimize shareholder value.
c.

make a long-term commitment to the needs of stakeholders.
d.

focus solely on the short-term performances of the firm.

Respuesta :

metchelle
The answer to the question above is letter C. It is necessary that a Financial Manager should be socially responsible to make a long-term commitment to the needs of the stakeholders. Financial Manager should develop his or her operational and evaluative capabilities to improve the organizations' core competence contributing for long term results.