**Note: each reply should be separated**
**Note: each reply should be separated**
**Note: each reply should be separated**
The purpose of financial management is to maximize shareholders wealth. What is the meaning of shareholder wealth maximization? If a company attempts to maximize its shareholders’ wealth, is this good or bad for society? Explain by providing some examples. Do you think maximizing shareholders’ wealth also applies in Saudi Arabia?
With Saudi Vision 2030, “Saudi Arabia is moving aggressively to diversify its economy and implement important reforms,” according to Stephen A. Schwarzman, co-founder of the private equity company Blackstone Group (Sorkin, 2017, para. 6).
As we have explored, throughout Module 1, performance management systems are critical to individual and organizational success. Consider the scenario below and respond to the three questions asked.