The case of the underwater option "Miriam Schulman" Case study

Was the ethical dilemma that the company was involved in also illegal? If not, why should anyone within the company be concerned? Ethically I do not believe MoniMed was in the wrong. Legally the company was not involved in any illegal interactions. I will outline the reasons below: Mr. Grantz, CEO of MoniMed made the decision to withhold information from the company to prevent an employee exodus. Ethically Mr. Grantz withheld the information to protect …

…In the end there were no winners. References: Book Carroll, A. B. (1991). The Pyramid of Corporate Responsibility. In Business Horizon (p. 42). Indiana University. (Reprinted from Toward the Moral Management of Organization Stakeholders) Book Principles for Business. (1995). Caux Round Table in Switzerland: Canon. (Reprinted from Business Ethics) Web Schulman, M. (n.d.). The Case of the Underwater Options. Retrieved April 28, 2006, from Santa Clara University Web site: http://www.scu.edu/ethics/ dialogue/candc/cases/underwater.html