Question : What is the primary objective of financial management?
Option 1: Procurement of funds
Option 2: Usage of finance
Option 3: Maximize wealth of equity share holders
Option 4: None of the above
Correct Answer: Maximize wealth of equity share holders
Solution : The primary and most important objective of financial management is to maximize wealth of equity shareholders which means maximising the market price of equity shares.
Hence, option C is correct.




