Was There Anything Unethical About The President's Actions?
1. Who are the stakeholders in this situation? Describe and explain.
The ten stockholders would be their stakeholders. The stakeholders are a group but without its support the organization would cease to exist. And they wanted to ensure that their stockholders received their dividends, to keep their interest in the company. 2. Was there anything unethical about the president’s actions? Was there anything unethical about the controller’s actions? Explain.
The president had seen the problem and addressed it. But the controller’s decision was unethical, because he took a bank loan out to put their company over the $1 million mark. If he had explained to the president, what he had done, the president might have not with this decision.
The ten stockholders would be their stakeholders. The stakeholders are a group but without its support the organization would cease to exist. And they wanted to ensure that their stockholders received their dividends, to keep their interest in the company. 2. Was there anything unethical about the president’s actions? Was there anything unethical about the controller’s actions? Explain.
The president had seen the problem and addressed it. But the controller’s decision was unethical, because he took a bank loan out to put their company over the $1 million mark. If he had explained to the president, what he had done, the president might have not with this decision.