In the 2001 Australian film The Bank, a bank CEO has hold of research suggesting with certainty that a massive stock market crash is about to occur. Rather than publicise the advice he suggests the bank take advantage and make a massive profit out of the crash. When a board member suggests they have a duty to the public to release the information, he replies he only cares about the shareholders – “They are our people. They are our ‘society’. The public can take care of themselves.” (The Guardian, 5 February, 2019) Using the shareholder and stakeholder frameworks and the key concepts from the session on ethics, law and morality.

1. Present the strongest argument you can in support of the bank CEO's position. 

2. Present the strongest argument you can against the bank CEO's position.

3. Which argument do you consider to be stronger? Why do you take this position?

Answer rating: 100% (QA)

1 It is sure that being a Chief military officer of a bank its his obligation to anticipate the longerterm vulnerability within the stock exchange and to spare the organization and its investors from ... View the full answer