Managers cater to Wall Street (i.e.,try to meet earnings benchmarks) for which of the following reasons?

A) to build credibility with the capital market.
B) to maintain or increase the firm's stock price.
C) to build the external reputation of management.
D) All of these are reasons managers cite for meeting earnings benchmarks.

All of the options listed (building credibility with the capital market, maintaining or increasing the firm's stock price, and building the external reputation of management) are reasons why managers might strive to meet earnings benchmarks, as these actions can positively influence the firm's valuation and the management's standing in the eyes of investors and analysts.