Author Question: Are the financial analysts who monitored Sunbeam partly to blame for being deceived? How about board ... (Read 59 times)

awywial · **on:** Aug 11, 2018

Are the financial analysts who monitored Sunbeam partly to blame for being deceived? How about board of directors members?

After all, in its scathing report about Sunbeam's finances, Barron's used information that anyone can acquire through the web site of the Securities and Exchange Commission (www.sec.gov).

What will be an ideal response?

Question 2

If you were an investment analyst, what would be your response to a company executive who swore at you and threatened you?

What will be an ideal response?

guyanai · **Reply #1 on:** Aug 11, 2018

Answer to Question 1

While such an argument can and, perhaps, should be made, it is really a moot
issue. The fact remains that deception was attempted and uncovered. The
damage to the company's reputation far outweighs the embarrassment of the
financial analysts who were fooled.

Answer to Question 2

People will react to this situation on both a personal and professional level. At
the personal level, one choice is to laugh it off. Another is to sue the executive.
Some might go so far as violence against the executive. (We strongly advise
against this option) However, it is the response at the professional level that
should be of the greatest concern. At the very least, the event raises serious
questions about the stability and credibility of the company's leadership. Even if
the analyst tells others about the incident without additional commentary, the
encounter has the potential to undermine confidence in the company.