Ethics Values & Morals
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...... As the individual cases aforementioned and discussed hereafter indicate, these shortcomings generally precipitate devastating organization-wide failures. The Martha Stewart case is, for this reason, a compelling one which demonstrates the reciprocal relationship between the breakdown of corporate functionality and ethicality. In the midst of the explosion of revelations throughout the corporate world, lifestyle, home design and clothing line magnate Martha Stewart was indicted on charges of insider trading for her actions relating to the sale of shares in bio-pharmaceutical company ImClone amounting to a worth of just over $200,000. Though her trial made significant news, even resulting in a conviction and a brief prison sentence, it nonetheless remains a debated use of prosecutorial resources, with the efforts expended in reaching conviction believed by many to have been motivated by her celebrity status rather than by the severity or relative importance of her alleged crimes
That said, all evidence today preserves the conclusion that Martha Steward did commit the crime of insider trading when, on December 27th, she sold all of her shares in ImClone. In many ways, her behavior was evidence of a personal deviation from morality in the wake of a larger void of values in the general
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