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    ezria's Avatar
    ezria Posts: 3, Reputation: 1
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    #1

    Feb 23, 2011, 05:17 AM
    Under what condition might profit maximization not lead to stock price maximization?
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    ezria Posts: 3, Reputation: 1
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    #2

    Feb 23, 2011, 05:25 AM
    What is an agency relationship?
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
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    #3

    Feb 23, 2011, 05:33 AM

    Definition of an Agency Relationship:

    Traditionally, the broker provides a conventional full-service, commission-based brokerage relationship under a signed listing agreement with a seller or "buyer representation" agreement with a buyer, thus creating under common law in most states an agency relationship with fiduciary obligations.
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    ezria Posts: 3, Reputation: 1
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    #4

    Feb 23, 2011, 05:40 AM
    What is stock price maximization?
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