Karma Case
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1.Discuss any ethical dilemmas similar to Marys that you may have encountered in the workplace. Share with your fellow students the pros and cons that you saw in that situation.
2.Review your research assignment/paper. How has Sarbanes Oxley affected your organization or an organization you are familiar with? What are some financial implications of this?
3.Share with each other issues you are identifying in the IT function of the organization you are evaluating for your final project.
Then on this view also JUSTICE will be admitted to be the HAVING AND DOING WHAT IS A MANS OWN AND BELONGS TO HIM
I work for a publicly traded company, and a while back I had access to insider information that had not been made public yet about an acquisition our company was going to make of a European competitor.
The pros of insider trading are all for the benefit of insiders, if they don get caught. The cons for them is that it is illegal and they can be prosecuted and fined, and alos liable for damages to non-insider shareholders. There are not pros for non-insiders, as they will not share in the illegal profits of the insiders. The cons are that they will lose money on the stocks or not get the profits they deserve. To analyze further, you would need the history of a particular trade that was prosecuted and successfully sued by shareholders to analyze the money that was lost.
Insider trading has no pros and cons. Its illegal, there has to be an opportunity for the crime. Insiders dont decide if they are going to do criminal insider trading today or tomorrow.