a framework within which proposed behaviors and probably outcomes of those behaviors may be evaluated. This writer accepted ethical principles based on natural law as the ethical focus for this paper. Within this context, a behavior or action may be characterized as ethical if (a) the behavior or action results in a positive outcome for some people while simultaneously (b) causing harm to no one.
Ethical Assessments of Corporate Governance, Accounting, Disclosure, and Insider Trading Over the Past Decade
There are functional linkages among corporate governance, accounting, disclosure, and insider trading. Linkages among the activities also exist in relation to ethical behavior. While the four activities are assessed separately in the following discussions, the interactive relationships among the activities should not be ignored or discounted by readers of this paper.
When one speaks of the practice of insider tradin
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