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Discussion Post: Succession Insider vs Investor
Before diving into the discussion, ensure you've watched the provided video and read the specified pages from the article. Both resources will give valuable insights into the topic of CEO succession.
Watch the YouTube Video "SMJ Video Abstract - Connelly, Ketchen, Gangloff, & Shook on investor reactions to firing CEOs".CEO Succession Review.
Task
1) Insider CEO Succession: What are the potential advantages and drawbacks of appointing an insider as the CEO successor?
2) Investor Reaction: In the video, why did investors exhibit a negative response when the company chose an insider as the CEO?
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