Question

advantages and disadvantages of Wealth maximization ​

Answer 1

Answer:

Advantages of wealth maximization:

Wealth maximization does not depend on profits.

It depends on cash flows.

Wealth maximization is superior to profit maximization.

While giving discounts, it concentrates the risk factor.

Answer 2

Answer:

Here's your answer

Advantages of wealth maximization:

Wealth maximization does not depend on profits.

It depends on cash flows.

Wealth maximization is superior to profit maximization.

While giving discounts, it concentrates the risk factor.

Disadvantages-

The concept of wealth maximization focuses of shareholders benefit only and hence is not socially desirable.

The concept of wealth maximization is prescriptive idea.

Explanation:

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