Which of the following statements is true regarding the goal of financial management?
- A US company considering international operations will have a different goal than a company that only conducts operations in the US.
- The firm's structure (i.e. corporation, sole proprietorship, partnership) is not relevant to the goal of financial management.
- A way of aligning management goals to shareholder's interest is to tie managerial compensation to the market value of the firm's stock.
- None of the above are true.