Saturday, June 22, 2019
Business Ethics Article Example | Topics and Well Written Essays - 250 words - 1
Business Ethics - Article ExampleThis week federal prosecutors arrested two men who were involved in merger and encyclopaedism and secretly informing partners for over 17 years. They had made millions of dollars. 2. Surrounded with such large stakes of money in such big projects, is it possible to goddamn such individual traders for transferring inside information and getting a fee? Martha Stewart was busted for trading inside information. Trading firms have compliance departments to keep an philia on the patterns of their traders. When people do make a lot of money suddenly they tend to spend it. Is there any argument that could support this soft of behavior? 3. No, this activity is a clear violation of ethics. One can look at Aristotelian ethics which expresses virtue for the individual as a way of obtaining happiness. In this case virtue is acquiring and showing ones best skill in their profession. For agents and brokers in the merger and acquisition business, one of those ski lls is trustworthiness. To trade on insider information becomes a stark violation of Aristotelian ethics. The violator should go to jail. Jessica Hall, Greed and technology tempt insider trading culprits. Accessed from http//www.reuters.com/article/2011/04/07/us-mergers-summit-insidertrading-bankers-idUSTRE7360BT20110407
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