Illustrate what should the president do

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Q. The president of Rock Petroleum, a highly successful oil organization, has just discovered that his finance department has been investing funds based on "insider" tips on stocks also as a result the organization profits have increased 10% above expectations. The president's close friend also confidant is the Senior VP for Finance, who tells him he knew nothing of this also will stop it immediately-but that it is very unlikely that anything will ever come out about it.

Illustrate what is the president likely to do also illustrate what should the president do from the ethical point of view (if different from illustrate what you think he would do). Defend your views from the scientific viewpoint; please cite your source, which must be online sources (URL pages).

 

Reference no: EM1388988

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