A) By accepting the offer he will be put in apposition to allow bias on the financial press release. This way, the stock analysis will have the opportunity to make all the necessary changes in advance according to the due press release to avoid any negative and hurting business judgment when the release gets to the public. Therefore Ethan breaches the objectivity ethical consideration due to the interest and influence of the analyst.

He will also be breaching confidentiality ethical consideration by giving out confidentiality of information (the financial press release) acquired as a result of professional and business relationships to the third party (the stock analyst) without proper authority for his advantages and that of the stock analyst according to Chulpanov in “World Economics and Financial Bulletin 4 (2021): 3-5) .

If I were Ethan, I would turn down the offer and discontinue my personal relationship with the industry analyst since the relationship oats to thrive only when my professional judgment is biased. I would be more alert to the possibility of accidental disclosure, especially in cases involving a long-term relationship with my company. Also, I will maintain the confidentiality of the information disclosed by my Potential employers and I will consider the need to maintain the confidentiality of that information within my company.


B) Yes, I will. By considering the fact that the interests of all parties, maybe compromised and be harmed after the disclosure of my company’s confidential information to my parents, I will advise them against it but avoid disclosing the real reason and provide them with a better alternative for their investment. This way will save their savings in the future and our relationship as well. On the other hand, preserving my company’s confidentiality. This is because (Prayoga in the “BIRCI-Journal (2021): 89-101)) as a professional accountant am supposed to maintain confidentiality even in a social environment and be wary of the possibility of accidental disclosure, especially in cases involving a long-term relationship with a business associate or close or immediate family member.

based on the above answer, answer the question below

There is a detail I want to know about the first topic. What about your decision for personal relationships affect the business? What if they are the biggest customer in your company? Do you still think the same way?