Discussion

Chapter 19 presented various financial risks at Kilgore Custom Milling. If Kilgore Custom Milling is to develop a risk management framework, who should lead the process?  The CFO at Kilgore has specific risk management strategies for hedging while the CEO has no knowledge of or interest in hedging. Who should have the final say in the decision to hedge and how to hedge?  The CEO, CFO, or another party not yet named?  What is the role for the board of directors in such a process? If you were the CEO, what would be your next step?

To complete this assignment, you must do the following:

A) Create a new thread.

ANSWER ALL OF THE QUESTIONS ABOVE IN YOUR THREAD

B) Select AT LEAST 3 other students' threads and post substantive comments on those threads, evaluating the pros and cons of that student’s recommendations. Your comments should extend the conversation started with the thread.

 

ALL original posts and comments must be substantive. (I'm looking for about a paragraph - not just "I agree.")

 

NOTE: These discussions should be informal discussions, NOT research papers. If you MUST directly quote a resource, then cite it properly. However, I would much rather simply read your words.