Suppose you have indisputable evidence that the CEO was manipulating the company’s stock price. Determine if you would inform the stakeholders or refrain from saying anything for fear of causing the stock to plunge. Support your position
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I believe that when faced with such a decision, acting ethically is always the best choice. Therefore, i believe informing stakeholders might be the right thing. This is because what the CEO is doing is illegal and unethical. Failing to tell stakeholders would somehow make you a collaborator in the crime. Furthermore not saying anything for the fear of stock plunging is not valid. This is because the stock price manipulation might cause even more damage if not dealt with early enough. Therefore, stopping it immediately would be the best thing. Additionally if the CEO is acing illegally and unethically on such a critical issue, he might be doing the same on other critical issues and might even embezzling funds.
Therefore, informing stakeholders would be the best option.
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Aug 23rd, 2015
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