Corporate Finance Course. I need this answered for a group discussion board.
Changes in corporate leadership can have a significant impact on how the company functions. In 2007, Citigroup announced that Charles Prince would no longer be the CEO. Vikram Pandit was appointed as the CEO. Given that you are just starting this course and have only read the early chapters in the text, what impact might such a change have on the financial decision-making in Citigroup? Be sure to provide reasons and other examples to justify your answer.
Discussions
The discussions are intended to help you further explore and think critically about the information you are reading and viewing. Here we will examine corporate finance concepts that are particularly important in business and have an impact on a firm's decision making. I expect you to be an active participant. You will be expected to offer new ideas and examples related to the questions posed as well as respond to the ideas of others in the class. Merely making one statement or just quoting from the text and then ending your discussion participation is not sufficient.