Whistleblower or Bounty Hunter

Bruce A. Huhmann, Ph.D. NMSU Daniels Fund Ethics Initiative Chair


      
Class Activity 

Watch the video and respond to the following questions.

1.  If you worked for a large bank and were aware of financial misconduct would you report it?        Why or why not?

2.  If the financial misconduct had been done by a friend of yours in the organization who you knew needed the money because of a personal tragedy would that change your answer?  Should it?

3.  How do monetary rewards from the federal government under the  Dodd-Frank Act affect employee motivation to report financial misconduct to their employer first?

4.  Does the possibility of a large monetary reward create any potential ethical pitfalls in this system?

5.  Which ethical principles (i.e., integrity, trust, accountability, transparency, fairness, respect, rule of law, and viability) are involved in the decision of someone to blow the whistle on a financial service firm for misconduct?  Are any of these principles in conflict?  If so, which one(s) should take precedence?  Why?

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Terms of Use:  The video is the property of CNBC and linked to this page for educational purposes constituting fair use.  The author created the educational material for classroom use in conjunction with NMSU’s Daniels Fund Ethics Initiative.  No permission or compensation is needed for classroom use as long as it is acknowledged to be the creative work of the author and NMSU’s Daniels Fund Ethics Initiative.  For publication or electronic posting, please contact NMSU’s Daniels Fund Ethics Initiative 1-575-646-4083.  Copyright 2012 - NMSU College of Business.

 

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