
Three months ago, Darren became a board member at Runswell, a publicly traded company. Two weeks ago, the board members discovered that Runswell's CEO is facing a lawsuit from a family member who accuses the CEO of theft. Based on what you have read, to what ethical standard should Darren and the other board members hold the CEO?
A) They should hold her to the same ethical standards that they would expect of any Runswell employee-no more, no less.
B) They must hold her to the highest ethical standards because the leaders of publicly traded companies must withstand intense public scrutiny.
C) If the board members are able to determine that the CEO is not a "bad apple," then they should give her their full support.
D) The board members must wait until the lawsuit results in a settlement or a guilty verdict.
Correct Answer:
Verified
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