Cases of Enron, Arthur Anderson & Martha Stewart
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Some executives justifying lying to protect trade secrets, or to maintain a competitive advantage that could affect their ability to remain profitable. There are those, however, who feel that lying calls an individual's·or a company's·integrity into question. If a company is willing to lie about its product, or its plans, or in its advertising, what else does it lie about? This research examines two recent high-profile instances of company executives caught lying, and concludes that lying by company officials cannot be justified.Martha Stewart was convicted of lying to the government under the False Statements Act. When Congress decided to pursue the case against Stewart, some members announced that the case was more about the integrity of Congressional investigations rather than the specifics of the insider trading case against Stewart (Ramey, 2002). Stewart continues to deny that she lied about the timing of her trades, but the motivation to lie in this instance could come from several sources. Stewart is CEO of Martha Stewart Living Omnimedia, and hosted a television show as well as
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Approximate Word count = 765
Approximate Pages = 3 (250 words per page)
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