Question
Karen Jones, CFA, is an outside director for Valley Manufacturing. At a directors meeting, Jones finds out that Valley has made several contributions to foreign
Karen Jones, CFA, is an outside director for Valley Manufacturing. At a directors meeting, Jones finds out that Valley has made several contributions to foreign politicians that she suspects were illegal. Jones checks with her firms legal counsel and determines that the contributions were indeed illegal. At the next board meeting, Jones urges the board to disclose the contributions. The board, however, votes not to make a disclosure. Joness most appropriate action would be to?
(Only answer if you are a CFA program member, I don't want wrong answers)
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