There was misappropriation of funds on part of the CEO of the company. He directed the Community bank money to pay for private construction company. This was first found out by two top executives of the company, the CFO and Executive Vice President of Community Bank. Both the top professionals of the bank must decide whether to disclose this misappropriation of money to someone outside the bank.Or another optionis that would it be better to keep the news within Community bank’s management. However disclosing the information can create serious problems for the bank.
This is just an excerpt. This case is about STRATEGY & EXECUTION
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