Donna L. Tumminello
Samsung CEO Getting Arrested
By
Wilmer Suarez
Augusto Celis
Ethics
Ethics is defined as the moral values that governs a person’s behavior and conduct. These values can be personal or they can be a set of guidelines set by an institution or company. Ethics are values that are used by every individual to guide what their thinking and their actions should be in any situation. These specific principles are challenged when something unexpected happens and the ability to think critically is needed. Therefore, the study of ethics is invaluable, so that difficult situations can be dealt with correctly and justly, as they arise in a professional environment.
Ethics is one of the keys to success. It is essential to know what is moral and fair when dealing with others, both personally and professionally. A person who does not follow any moral principles or does not learn to make compromises when his own conflicts with others, is bound to incite problems. Any person pursuing success need to be able to analyze complex situations and decide what is the right and reasonable thing to do when these situations arise. This is done by studying about common ethical issues, and historical cases so that they can prevent issues form forming, and if one does, a solution can be found quickly.
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Lee, was arrested on allegations of corruption. The accusation was that of Lee of bribing a close friend of former President of South Korea, Park Geun-hye, in exchange for political favors. He was indicted on charges of bribery and embezzlement. This was part of a corruption scandal (with four other senior executives at Samsung; indicted on the same corruption charges) that led to the impeachment of President Park Geun-hye. “Mr. Lee was accused of giving or promising $38 million in bribes to Choi Soon-sil, a secretive confidante of Ms. Park.” - The New York