Which of the following statements is not true regarding the goal of financial management?
The goal of maximizing the value per share of existing stock is relevant to all organizations.
A way of aligning management goals to shareholder's interest is to tie managerial compensation to the market value of the firm's stock.
For a company considering international operations, the goal will be the same but the company will have to consider the local social, economical and political environment in the decision-making process.