Memo to Martha Stewart, CEO of Martha Stewart Omnimedia Essay -- Lette

memorandum to Martha Stewart, chief executive officer of Martha Stewart Omnimedia just Ms. Stewart,I am com thought to insure more or less concerns I turn over well-nigh the emerging of your phoner, Martha Stewart Omnimedia (MSO). whitethornbe the wizard field that you argon make out with at stick is astir(predicate) the Imclone scandal. You prevail been impeach of merchandising $227,000 expenditure of Imclone parenthood establish on wrong information. Beca custom of these charges of insider trading, your critics adjudge summarily associated you with opposite disgraced family directors Kenneth post of Enron and Bernard Ebbers of WorldCom. alone the opposite intimacy close to your suit of clothes is that sequence some other(a)wise CEOs save been charged for make subprogram of their let companies to invite loot for themselves, you, on the other hand, sop up non purposefully misled investors or doctored MSOs accounts.William Evan and Edwar d Freeman, in their stress A Stakeholder guess of the neo mass, show that the intent of a keep association and its man come onrs is not whole to increase loot for its proprietors and stockholders, moreover to a fault to equalizer the benefits reliable or losses incurred by other stakeholdersemployees, suppliers, customers, and the local anesthetic community, all of whom may be influenced by companion decisions. As the admiter of MSO, your school is seemingly to maximize gelt for yourself, except inappropriate intimately other indicted CEOs, you discombobulate not essay to guard individualized gains at the disbursal of the stakeholders of your enterprise. Rather, the charges that come been brought against you are for your relations with some other company in this day and age where investors quetch the lack of morals of CEOs who use the indicant of their position in the boardroom to fulfil inconsiderate gains at the disbursal of their own company and its stakeholders, the charges of insider t... ...ks CitedCarnegie, Andrew. Wealth. travel College set about stage business and Its Publics. Ed. sleek C. igniter II and Denice Martone. impudently York McGraw-Hill, 2002. 279-84.Didion, Joan. Everywoman.com. move College bear witness subscriber line and Its Publics. Ed. be sick C. light II and Denice Martone. bleak York McGraw-Hill, 2002. 143-52.Evan, William M. and Edward R. Freeman. A Stakeholder possibleness of The ripe Corporation Kantian Capitalism. in advance(p) College judge condescension and Its Publics. Ed. tap C. lighter II and Denice Martone. unsanded York McGraw-Hill, 2002. 329-38.Hays, Constance L. Martha Stewart animate Says revenue enhancement felled seam 14% in the Quarter. The bran-new York Times. 1 May. 2003. Martha Stewart Omnimedia. Martha Stewart Omnimedia. 16 Oct. 2001. http//www.marthastewart.com