







Study with the several resources on Docsity
Earn points by helping other students or get them with a premium plan
Prepare for your exams
Study with the several resources on Docsity
Earn points to download
Earn points by helping other students or get them with a premium plan
Community
Ask the community for help and clear up your study doubts
Discover the best universities in your country according to Docsity users
Free resources
Download our free guides on studying techniques, anxiety management strategies, and thesis advice from Docsity tutors
SDSU BA 323 Finance Exam 1 | Latest Questions & Verified Answers 2025/2026 What is the main goal of the corporation? - Correct Answer To make capital gains for shareholders. Maximize value of the firm. Who ultimately owns the corporation? What is the relationship between shareholders, the board of directors, and management? - Correct Answer Shareholders ultimately own the corporation. Management (managers) are naturally inclined to act in their own interests but that may not be in the best interests of shareholders. The board of directors - elected by the shareholders - can oversee managerial behavior through corporate governance. What are the 3 most important management positions? - Correct Answer CEO, COO, CFO What is the Sarbanes-Oxley legislation? Why was it passed? - Correct Answer Sarbanes-Oxley was passed in 2002 as a result of the Enron and Worldcom scandals. It makes corporate management legally responsible for the accuracy of t
Typology: Exams
1 / 13
This page cannot be seen from the preview
Don't miss anything!