Get Objective Of Wealth Maximization In Financial Management Pics. The main objective of financial management is to ensure the maximization of the economic welfare of its shareholders. The chances of risk in wealth or the wealth of the persons those who are involved in the business concern.

The financial management goal chosen will depend on the objectives of the firm and its shareholders and the time horizon (long term or short term) in which wealth maximization vs profit maximization.

Maximisation of wealth of the firm implies maximisation of value of owner's share capital reflected in the market price of shares. View answer / hide answer. Three important decisions for achievement of wealth maximization •. Wealth maximization (shareholders' value maximization) is also a main objective of financial management.