Reference no: EM133495645
Staci Sutter is responsible for assigning a value to the stock of ProTech Incorporated that will soon be sold as an IPO. The financial information Staci has been given suggests that the company is financially strong. Although she has not been able to validate the accusation, a friend of Stacy's sent her an e-mail that claims the financial figures provided by ProTech might paint a better financial picture than actually exists. Staci's concern has been inflated as the result of pressure from her boss to set a good price for the IPO. In addition, it has been reported (rumored) that Staci's boss is a friend (perhaps close) with the CEO of ProTech. Staci has completed her analysis based on the information she was provided by ProTech, and she is ready to assign a price to the company's stock. But, if the additional, unconfirmed information she has is correct, the price she sets might differ from what her analysis suggests. What should Staci do?
Discussion questions:
What is the ethical dilemma?
Should IIBS delay the ProTech's IPO until more information can be gathered about "information" Staci recently received?
What action do you think Staci, IIBS, or both should take?
Mentions at least 2 specific points from the article or reading.
Relation of new information to old information learned in the course to date.
Relation of information in article or reading to personal experience.