Critically evaluate the assumptions upon which the Fisher Seperation Theorem is based and assess the extent...

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Critically evaluate the assumptions upon which the FisherSeperation Theorem is based and assess the extent to which theselimit its usefulness in financial decsion-making

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Fisher Separation Theorem The significance of the theorem is that the firm and its shareholders are separate The firms policy should aim to maximize the utility of all shareholders The firm doesnt consult each shareholder before it makes its decision to invest The company should invest up to the point where the return on the marginal    See Answer
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Critically evaluate the assumptions upon which the FisherSeperation Theorem is based and assess the extent to which theselimit its usefulness in financial decsion-making

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