Should Martha Stewart have gone to jail?© BrainMass Inc. brainmass.com October 10, 2019, 1:56 am ad1c9bdddf
Should Martha Stewart have gone to jail? Explain in detail
Martha Stewart should have gone to jail.
There are several reasons for it. First, she used insider information and sold off 4,000 ImClone Systems shares. This was unfair to other shareholders because they had to sell their shares at lower prices. Let us consider this question from the perspective of consequential ethics. if powerful and influential investors regularly used insider information to make money on the stock markets the other investors will suffer. The consequence would be that the stock market would become an unattractive place for investors and public companies would have difficulties in raising capital. So, the consequences of ...
This posting gives you an in-depth insight into Martha Steward.