managers always attempt to maximize the long - run value of their firms stocks, or the stocks intrinsic…

managers always attempt to maximize the long - run value of their firms stocks, or the stocks intrinsic values. this is exactly what stockholders desire. thus, conflicts between stockholders and managers are not possible.\n○ true\n○ false
Answer
Brief Explanations:
Managers may have their own self - interests like job security, personal perks etc. that can conflict with stockholders' goal of maximizing long - run stock value. For example, managers might avoid risky but potentially high - return projects to protect their jobs. So conflicts can occur.
Answer:
False