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Ethics And Martha Stewart's Indictment

There has been much media coverage of the circumstances surrounding the indictment of Martha Stewart on charges of securities fraud and obstruction of justice as well as her subsequent conviction and prison term. When one considers her position as the CEO of a multi-million dollar corporation, her actions in relation to the criminal case have numerous ethical implications in the business world. This paper analyzes those actions in order to answer the question: Did Ms. Stewart handle the indictment responsibly?
When considering this case, there are really two distinct parts to the ethical considerations surrounding it. The first part consists of those actions relating to her sale of about 4000 shares in ImClone Systems the day prior to the stock experiencing a significant decline. Ms. Stewart was informed by her broker the day prior that the owner of the company was trying to sell off his own shares. The day after she sold, the Food and Drug Administration (FDA) refused to......


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Approximate Word Count: 1687
Approximate Pages: 7 (250 words per double-spaced page)

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