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Your Money Milestones: A Guide to Making the 9 Most Important Financial Decisions of Your Life
book

Your Money Milestones: A Guide to Making the 9 Most Important Financial Decisions of Your Life

by Ph.D. Moshe A. Milevsky
January 2010
Beginner content levelBeginner
224 pages
5h 26m
English
Pearson
Content preview from Your Money Milestones: A Guide to Making the 9 Most Important Financial Decisions of Your Life

2. What Is the Point of Saving Money Forever?

As you might expect, my business students are required to complete a number of finance-related courses and topics to obtain their degrees. The most significant among them by far is our corporate finance course, in which they learn the foundations of managing the finances of a corporation. In this course, they are taught early on that the objective of the modern corporation is to maximize shareholder value. We tell them that all a corporation’s activities—its dividend policy, compensation practices, and even the amount of money it borrows—should be geared toward creating the most value for individual shareholders.

This maximize shareholder value (or MSV) mantra is also emphasized in many of the other ...

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Publisher Resources

ISBN: 9780137067718Purchase book