Corporate Governance Presentation
Transcript: That's amazing! Confidentiality breach Loss of partnership with FeelBetterNow, Inc. Loss of edge with BrainPhone Insider trading - trading of stock by individuals with access to non-public information about the company Chance to make conversation with son A. Tell his son B. Tell a local news anchor C. Keep his employer and their partners' information private D. Start his own company and produce a BrainPhone knock-off ...and they call it a BrainPhone Uncle Bill works for Apple Unfair advantage due to advanced knowledge (intentional or unintentional) Promotion, salary bonus, or other incentives Does this make Bob guilty? Uncle Bill takes this knowledge to the office Huge success of BrainPhone Confidence in information security Corporate Governance Presentation Bob tells his son, Tom, about the exciting new BrainPhone Acquire FeelBetterNow, Inc. Gain competitive advantage Potential loss of job Potential civil charges filed against Loss of reputation and integrity Any person who becomes aware of non-public information and trades on that basis may be guilty. Samsung Stakeholder Analysis Whoa! vs. So what was Bob supposed to do? Apple Guess what I saw?! Samsung Electronics Co., Ltd. a BrainPhone? http://en.wikipedia.org/wiki/Insider_trading Bob is a custodian at Samsung While sweeping, he sees plans for the new BrainPhone, which uses technology from Samsung's newest partner - FeelBetterNow, Inc. Brooke Blackwell Jim tells his uncle, Bill, about the BrainPhone Scenario 1 Scenario 2 ...and they call it a BrainPhone vs. VS. Apple buys FeelBetterNow, Inc. within a week Competing fairly Apple falls behind Samsung vs. What if Bob's son told him he was about to invest all of his money in FeelBetterNow, Inc.'s competitor Bob Tom tells his best friend, Jim, about the BrainPhone over a game of poker Lose upper hand to Samsung's BrainPhone Lose market share, stockholders, etc. Uncle Bill Samsung Electronics Co., Ltd. Wow, this is cool!