Please complete the case study using the following format:

1. Determine the facts. (the ones relevant to the ethical issue)

2. Identify the ethical issues involved.

3. Identify stakeholders and consider the situation from their point of view.

4. Identify available alternatives.

5. Compare the alternatives based on:

a. Consequences for each stakeholder

b. Duties, Rights, and Principles

c. Implications for personal integrity and character

6. Make a decision. (what should happen?)

Jared has been the CEO of the corporation Tufthunter Inc. for a little over a year. The company has performed modestly under his leadership. There were no great gains in market share or share price, but due to the unloading of aging material assets at Jareds direction, there was a huge jump in available capital revenue, which was reinvested in the company and resulted in a higher valuation. Because of this it truly appears to investors that the company is rocketing in the right direction.

Jared plans on asking the board for a raise, and due to his relationships with the board members, he is almost definitely going to receive it. The problem is that as CEO, he owes a fiduciary duty to the company. This means that he must always act in Tufthunters best interests. The raise he plans on asking for and feels he deserves will take up fully 50% of the gain in valuation. This is money that could be reinvested to make the company more profitable instead of going into Jareds pocket.

Jared justifies this by reasoning that he is personally behind the gain in valuation. Those assets were just sitting there collecting dust. If he doesnt get the raise then he will accept a job as CEO of a different corporation, and that will leave Tufthunter without leadership and definitely make its valuation drop. In a twisted sort of way, he feels giving himself a huge raise is what is best for the company. Stock holders have not been informed of this brewing situation.