The buying or selling of stocks (or other financial securities) by business "insiders" on the basis of information that has not yet been made public and is likely to affect the price of the stock.
What is insider trading?
100
This occurs when employees' private interests are substantial enough to potentially interfere with their job duties.
What is conflict of interest? (page 356)
100
any formula, pattern, device, or compilation of information which is used in one's business and which gives him an opportunity to obtain an advantage over competitors who do know or use it.
What is trade secret? (page 362)
100
Definitons of nominal and substantial gifts are often open to
What is interpretation? (page 368)
100
refers to an employee's informing the public about the illegal or immoral behavior of an employer or an organization.
What is Whistle-blowing? (page 374)
200
Inside traders ordinarily defend their actions by claiming they don't injure
What is anyone?
200
The use of one's official position for what always raises moral concerns and questions is
What is personal gain?
200
Most states have laws against the theft of trade secrets. This law made it a federal crime.
What is Economic Espionage Act of 1996? (page 362)
200
this saying (Latin) means this for that - or the expectation that the recipient will do something specific in return for receiving a gift.
What is Quid Pro Quo? (page 368)
200
This makes it illegal for executives to retaliate against employees who report possible violations of federal law.
What is the Sarbanes Oxley Act? (379)
300
A kickback is a kind of
What is bribe?
300
this is an obligation and duty of the employee to the company and visa versa.
What is company loyalty? (page 355)
300
The FCPA does not prohibit this
What is a grease payment? (page 365)
300
Whistle blowing involves exposing activities that are
What is immoral and illegal? (page 374)
400
This is alleged to put American companies at a disadvantage.
What is The Foreign Corrupt Practices Act?
400
this ranges from misusing expense accounts to billing the company for unnecessary travel, from using subordinates for work outside the firm to exploiting a position of trust within an organization to enhance ones own financial leverage and holdings.
What is abuse of official position? (page 358)
400
Some companies have this to prevent employees from receiving gifts.
What is a no-gift policy? (page 369)
400
The FCPA was weakened by amendments that expand the exemption for grease payments and what else?
What is offering corporations more defenses against prosecution? (page 366)
400
What is one thing the whistle blower believes?
What is that public interest morally outweighs loyalty to colleagues and his or her duties to the organization. (page 374)
500
Renumeration for the performance of an act that's inconsistent with the work contract or the nature of the work one has been hired to perform.
What is a bribe?
500
US companies have a history of paying off foreign officials for business favors. Such acts were declared illegal by
What is the Foreign Corrupt Practices Act (FCPA) of 1977?
500
Obligations to the company versus to the general public is considered what?
What is a conflicting obligation? (page 370)
500
A formal treaty that outlaws bribing officials in foreign business transactions and sets up review and monitoring mechanisms.
What is Anti-Bribery Convention? (page 366)
500
Norman Bowie makes the argument that whistle blowing parallels the discussion of what in the 1960's?