Illustrate what should the president do from ethical point

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Q. "The president of Rock Petroleum, a highly successful oil corporation, has just discovered which his finance department has been investing funds based on "insider" tips on stocks and as a result the corporation profits have increased 10% above expectations. The president's close friend and confidant is the Senior VP for Finance, who tells him he knew nothing of this and will stop it immediately but which it is very unlikely which anything will ever come out about it.

Illustrate what is the president likely to do and illustrate what should the president do from the ethical point of view (if different from illustrate what you think he would do)? Please answer in 2 questions. Cite at least 2 URL page source. Thank you.

Reference no: EM1387218

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