Conflicting Perspectives on Conflicts of Interest Case 10.2 Conflicting Perspectives on Conflicts of Interest 1. Based on
Question:
1. Based on the definition given earlier in the chapter does Richard Parsons have a conflict of interest? If so explain what it is. If not explain why not.
2. If Citibanks board permits Parsons to work for Providence Equity Partners does this mean that he has honored his fiduciary responsibilities to Citibanks shareholders? If you were a stockholder in Citibank what would you think? Why do you think Citibank permitted Parsons to accept the position with Providence in the first place?
4. Joe Noel clearly had a financial interest in KeyOns doing well. But did he have a conflict of interest? If so what exactly was the conflict? If not was there anything morally objectionable about his conduct?
5. Should people who discuss or recommend specific stocks online on television or in print disclose their own invest-ments in those companies? Is it sufficient for them to do so only if people ask?
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr