Leaked Movie Trailer And A Confidentiality Agreement Case Study
- Posted on September 25, 2021
- in Uncategorized
- by admin
Luke`s work was very confidential. Friends and family members often asked him for “dirt” on the latest publications, especially in major Hollywood productions. Due to these external factors, Luke and all other employees of the production company were forced to sign confidentiality agreements at the beginning of the employment. In the event of a breach of these agreements, the employee may be terminated and prosecuted. *Introduction* Business ethics seem to follow one another in the same place with large companies every year. It is a game of superiors in power and their ability to commit hidden crimes. After all, crimes cannot be noticed or carried out without further delay. It is increasingly hot when it comes to the violation of a customer`s assets or liabilities entrusted to a company or individual. Respect for its ownership is a basic rule for any business. Unfortunately, unethical companies go beyond their agreement with their customers and worse; it contains offences. In recent research, a charge has been brought against the CEO of a company after ordering one of its executives to transfer millions of dollars from a customer`s fortune to cover a bank overdraft. This turned out to be unethical and attracted thousands of negative reviews and criticism. We can also say that it is selfish and that it does not correspond to what is expected of an organization.
This case study will be taken to deeper levels of accusations and how they were confronted. The company in the spotlight is MF Global and its CEO, Jon Corzine. *Who should be responsible?* Recently, the Commodity Futures Trading Commission filed an appeal against MF Global CEO Jon Corzine. As shameful as it may seem, Jon had one of his mid-level assistants transfer a client`s assets worth millions of dollars to cover the company`s bank overdraft. Without doing so, sources indicate that MF could have sunk globally and been considered bankrupt. Could this be bad planning, or was it simply the selfish result of a selfish act of the CEO`s past actions? What could Jon do if he hadn`t had a client who had assets that were worth so much? Jon was faced with a dilemma that only he could have explained. For him, a client`s fortune was the most natural solution and, as a result, he saved the company from falling. It broke not only the company`s golden rule, but also customers` trust in MF Global and its reputation. *Jon`s response* To his defense in court, he replied that he didn`t realize that the business was almost going to end. .