Scandal: Lessons Learned from Martha Stewart’s Insider Trading Crisis Shuhui Sophy Cheng Assistant Professor Department of Communication Arts Chaoyang University of Technology 168 Jifeng E. Rd. Wufeng District Taichung 41349, Taiwan Abstract Martha Stewart places her name on her products. She becomes the face of her company and the voice of her brand. When her personal misconduct occurred, she made her company vulnerable and risky as well. This casestudy examines how Martha Stewart managed her corporate
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confidentiality and (3) when a person hears information from a spouse, parent, child or sibling (unless it can be proven that such a relationship has not and does not give rise to confidentiality)" (Reem Heakal). It all began about a year after Martha Stewart sold 3,928 ImClone shares in late 2001 a day before a rigid slow down sent the stock tumbling. The stock market world was waiting for the FDA to make a decision on Erbitux. The pharmaceutical company
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yo-yo. But ask Martha Stewart and she'll say, "That was my life". Let's take a ride on the Martha Roller-Coaster. • 1976: Martha Stewart founds a catering company in Connecticut. • 1982: Stewart's first book, Entertaining, is published. • 1987: Kmart signs Stewart to a five-year consulting contract. • 1990: The first issue of Martha Stewart Living is published by Time Inc. • 1993: Stewart begins hosting a weekly television show, Martha Stewart Living. • 1995: Martha Stewart Living
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Aretha Jackson, president of a private investment firm received a call from a client asking for her advice whether to invest in Martha Stewart Living Omnimedia (MSLO). Jackson emailed Kate Prescott, director of Research, and asked her to prepared reports for her which will help Jackson assess the risks of investing in MSLO. Prescott delivered three reports to Jackson: one on the MSLO business model, one concerning the company’s core competitors, and one detailing consumer attitudes and behaviors
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Entrepreneurial Leadership Introduction (5 or 6 sentences) Profit-Oriented Entrepreneurial Martha Stewart, born Martha Kostyra, by all accounts is now living the American dream. Born to a middle class family and is now rich and successful. In 1997, she created Martha Stewart Living Omnimedia (MSLO). Omnimedia includes many of her ideas and projects. She can be found on tv, radio, in print, and of course the web. Martha Stewart has an autocratic leadership style. It’s the style in which she dictates exactly
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Philip Scattergood Serena Potter ART 100 16 May 2016 Past Conservative Dignity of Few to a Present Modern Flair of Many Neoclassical residential architecture was mainly evident in the homes of only a few members of society that displayed the dignity of the lives of their owners, a product of Social History. Since then progress in the Arts and modern technology has led to postmodern residential architecture that has flair that many members of society can share in by actually being able to reside
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this week. Review the case studies below in the textbook. Prepare a one-page report for each of the following case studies: * Case Study: Martha Stewart’s Lost Reputation, pg. 34 * Case Study: Texaco: The Ecuador Issue, pg. 41 * Case Study: Where Were the Accountants?, pg. 44 Ethics Case: Martha Stewart’s Lost Reputation In June 2002, Martha Stewart began to wrestle with allegations that she had improperly used inside information to sell a stock investment to an unsuspecting investing
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Touro University International ETH 501 BUSINESS ETHICS MOD 1 CASE STUDY Dr. Cathy Anderson Introduction The case against Martha Stewart surrounded her sale of 3,928 shares in ImClone Systems Inc., and whether she lied to investigators and her company's investors about it. On Dec. 27, 2001, Stewart cashed out her ImClone stake at an average price of $58.43, collecting about $229,500. After the market closed the following day, the Food and Drug Administration announced its refusal
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Case Study: The Trial of Martha Stewart The United States of America is one of the few western countries which has no clear definitions for “insider”, “insider information”, and “insider trading” in its law system. Therefore, people are sending to prisons for a crime that has not defined yet. It is part of a due process that people have notice of what they are doing is wrong. Martha Stewart was sent to prison, because she sold her ImClone shares as a result of receiving tip from her broker on December
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objects, and light fixtures. Empty trash bins. Fluff pillows and comforters. Vacuum floors. Dining Room: Dust surfaces and objects, including furniture and light fixtures. Vacuum upholstery and floor. www.marthastewart.com/checklists © 2009 Martha Stewart Living Omnimedia, Inc. All rights reserved. Entryways, Stairs, and Hallways: □ □ □ □ □ □ □ □ □ □ □ □ □ □ □ □ □ Dust staircase banisters, furniture, objects, and light fixtures. Launder machine-washable throw rugs and runners. Vacuum
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