This assignment is needed tomorrow by 9:00 pm mountain time. Any Takers? According to the videos and readings for this week, you learned that the goal of financial management is to maximize shareholder wealth. Write a short paper discussing the relationship between this goal and the goal of maximizing the firm’s profits. Specifically, what are the similarities and differences between these goals? Provide an example of how maximizing profits might not lead to shareholder wealth maximization. In addition, find at least one scholarly article that criticizes the goal of shareholder wealth maximization. Briefly, summarize the criticism(s) offered and discuss whether you believe the criticism is valid. In particular, does the article make you question the shareholder wealth maximization goal? If so, why and if not, what flaws do you see in the criticism? Length: 150-250 words not including cover and reference pages Your response should demonstrate thoughtful consideration of the ideas and concepts presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Financial Management  (1999). [Motion Picture]. Films Media Group. http://proxy1.ncu.edu/login?url=http://digital.films.com/PortalPlaylists.aspx?aid=6281&xtid=10838 Fundamental Concepts in Financial Management  (1995). [Motion Picture]. Films Media Group. http://proxy1.ncu.edu/login?url=http://digital.films.com/PortalPlaylists.aspx?aid=6281&xtid=5845 Money Never Sleeps: Global Financial Markets  (2011). [Motion Picture]. Films Media Group.  http://proxy1.ncu.edu/login?url=http://digital.films.com/PortalPlaylists.aspx?aid=6281&xtid=29353 Carmen, B. (2014). Globalization and the Evolution of the Global Financial System in the Current Financial Crisis.  Annals of the University of Oradea, Economic Science Series, 23 (1), 418-425. http://proxy1.ncu.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=97635591&site=eds-live Laux, J. (2010). Topics in finance part I: Introduction and stockholder wealth maximization.  American Journal of Business Education, 3 (2), 15-21. http://search.proquest.com.proxy1.ncu.edu/docview/195900864?accountid=28180 Zhivdasani, A., & Zenner, M. (2004). Best practices in corporate governance: What two decades of research reveals.  Journal of Applied Corporate Finance, 16 (2/3), 29-41. http://proxy1.ncu.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=14845370&site=eds-live Carmen, B. (2014). http://proxy1.ncu.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=97635591&site=eds-live Read Article Laux, J. (2010). Topics in finance part I: Introduction and stockholder wealth maximization. http://search.proquest.com.proxy1.ncu.edu/docview/195900864?accountid=28180 Read Article Zhivdasani, A., & Zenner, M. (2004). http://proxy1.ncu.edu/login?url=http://search.ebscohost.com/login.aspx?direct=true&.

1. This assignment is needed tomorrow by 9:00 pm mountain time.
Any Takers?
According to the videos and readings for this week, you learned
that the goal of financial management is to maximize
shareholder wealth. Write a short paper discussing the
relationship between this goal and the goal of maximizing the
firm’s profits. Specifically, what are the similarities and
differences between these goals? Provide an example of how
maximizing profits might not lead to shareholder wealth
maximization.
In addition, find at least one scholarly article that criticizes the
goal of shareholder wealth maximization. Briefly, summarize
the criticism(s) offered and discuss whether you believe the
criticism is valid. In particular, does the article make you
question the shareholder wealth maximization goal? If so, why
and if not, what flaws do you see in the criticism?
Length: 150-250 words not including cover and reference pages
Your response should demonstrate thoughtful consideration of
the ideas and concepts presented in the course and provide new
thoughts and insights relating directly to this topic. Your
response should reflect scholarly writing and current APA
standards.
Financial Management
(1999). [Motion Picture]. Films Media Group.
http://proxy1.ncu.edu/login?url=http://digital.films.com/PortalP
laylists.aspx?aid=6281&xtid=10838
Fundamental Concepts in Financial Management
(1995). [Motion Picture]. Films Media Group.
http://proxy1.ncu.edu/login?url=http://digital.films.com/PortalP
laylists.aspx?aid=6281&xtid=5845
Money Never Sleeps: Global Financial Markets
(2011). [Motion Picture]. Films Media Group.
http://proxy1.ncu.edu/login?url=http://digital.films.com/PortalP

2. laylists.aspx?aid=6281&xtid=29353
Carmen, B. (2014). Globalization and the Evolution of the
Global Financial System in the Current Financial Crisis.
Annals of the University of Oradea, Economic Science Series,
23
(1), 418-425.
http://proxy1.ncu.edu/login?url=http://search.ebscohost.com/log
in.aspx?direct=true&db=bth&AN=97635591&site=eds-live
Laux, J. (2010). Topics in finance part I: Introduction and
stockholder wealth maximization.
American Journal of Business Education, 3
(2), 15-21.
http://search.proquest.com.proxy1.ncu.edu/docview/195900864?
accountid=28180
Zhivdasani, A., & Zenner, M. (2004). Best practices in
corporate governance: What two decades of research reveals.
Journal of Applied Corporate Finance, 16
(2/3), 29-41.
http://proxy1.ncu.edu/login?url=http://search.ebscohost.com/log
in.aspx?direct=true&db=bth&AN=14845370&site=eds-live
Carmen, B. (2014).
http://proxy1.ncu.edu/login?url=http://search.ebscohost.com/log
in.aspx?direct=true&db=bth&AN=97635591&site=eds-live
Read Article
Laux, J. (2010). Topics in finance part I: Introduction and
stockholder wealth maximization.
http://search.proquest.com.proxy1.ncu.edu/docview/195900864?
accountid=28180
Read Article
Zhivdasani, A., & Zenner, M. (2004).
http://proxy1.ncu.edu/login?url=http://search.ebscohost.com/log
in.aspx?direct=true&db=bth&AN=14845370&site=eds-live

3. Part 2
The Dow Jones Industrial Average (DJIA) is the most widely
published and best-known stock market indicator in the world.
The DJIA appears daily in nearly every major newspaper around
the globe, is discussed on all financial newscasts, and is
understood by most to be a leading indicator of the state of the
economy. When the DJIA is rising, the U.S. economy is
generally healthy and when the DJIA crashes, a recession is
usually on the horizon.
Although most Americans have heard of the DJIA, it is amazing
how few actually know how it is calculated or exactly what it
means. Do you? For this assignment, you will research and
write a paper about the calculation, composition, and history of
the Dow Jones Industrial Average. To facilitate your research,
begin by investigating the wealth of information available on
the Dow Jones website at:
http://www.djaverages.com/?go=industrial-overview
Click and read the links for Overview, Components, Editorial,
Calculation, Milestones, and Learning Center. In the Learning
Center, be sure to read some of the Decade Articles associated
with the different time periods in the graph.
After you learn about the DJIA from the Dow Jones website,
find and read at least two scholarly articles discussing the
index. Then write a well-structured paper about the index. Your
goal is to explain the index and its history in simple and
straightforward terms to someone with little or no background
in finance or business. Additionally, critically evaluate the
DJIA in light of the fact that it is a price-weighted index (as
opposed to a more robust value weighted measure like the S&P
500 Index) and it is comprised of such a limited number of the
over 2800 different company stocks that trade on the New York
Stock Exchange (NYSE).
Length: 3-5 pages not including title page and references
Your response should demonstrate thoughtful consideration of
the ideas and concepts presented in the course and provide new
thoughts and insights relating directly to this topic. Your

4. response should reflect scholarly writing and current APA
standards.