Question
Read carefully this case study about ETHICS AND SHAREHOLDERS and write your view that what you will do in this situation and why? You work
Read carefully this case study about ETHICS AND SHAREHOLDERS and write your view that what you will do in this situation and why?
You work for an investment bank that provides advice to corporate clients. The deal team you work on also includes Pat, a marketing manager, and Joe, who serves as the credit manager for the team, as well as several other professionals. Just before your team is scheduled to present details of a new deal to senior management, Pat suggests to Joe that the deal would have a better chance of being approved if he withheld certain financials. "If you can't leave out this information," Pat says, "at least put a positive spin on it so they don't trash the whole deal."
The other team members agree that the deal has tremendous potential, not only for the two clients, but also for your company. The financial information Pat objects to -- while disturbing at first glance -- would most likely not seriously jeopardize the interest of any party involved. Joe objects and says that full disclosure is the right way to proceed, but that if all team members agree to the "positive spin," he'll go along with the decision. Team members vote and all agree to go along with Pat's suggestion -- you have the last vote. What Will you do.
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