BUS 5115 - Business Law, Ethics, and Social Responsibility

No copy paste please ===

== What limits should there be on insider trading? In the USA, Pete Rose was a popular baseball player, and then manager, who was punished for betting on his own team to win. Should Pete Rose be allowed to profit from betting on the success of a team he managed? Should Pete Rose be punished more harshly if he profited from betting on the failure of a team he managed?

== In the Enron case, several managers sold all their Enron stock about an hour before it became public knowledge that the company was not worth as much as everyone thought. Should a manager be punished for acting prudently based on knowledge they have discovered honestly only because the general public does not have that knowledge?

== Should managers be required to discloseprivate information they have that might influence the investment decisions of the public?Also, address the question of timing about the dissemination of information: is it enough to share information on a public website or should a formal press conference be required?

References:

https://2012books.lardbucket.org/books/business-ethics/index.html

https://www.sec.gov/news/speech/speecharchive/1998/spch221.htm

https://www.investopedia.com/articles/02/061202.asp

https://openstax.org/books/business-ethics/pages/7-4-financial-integrity