From a very successful businessman to a prison cell, Martha Stewart must have done some interesting things in the past few years. About 30 years ago, she began her career in the catering industry and since then it has become Martha Stewart Living Omnimedia, Inc. CEO and Chairman Her success also includes the publication of her magazine Everyday Living as a sports woman of K Business. Matt has her own popular television program from Martha's kitchen. She established a reputation as a celebrity and advised on the horticultural creation of the kitchen.
Corruption in the United States is a top priority due to scandals including Enron, Martha Stewart, and other insider trading. The US Securities and Exchange Commission (SEC) is responsible for ensuring that companies and investors are not subject to illegal and unfair practices. Most US organizations have ethical guidelines and all employees must comply with ethical practices to curb corruption. The Code of Ethics helps protect enterprises and ensure employee ethical behavior (Anantatmula & Thomas, 2010)
Internal trading scandal is a good example of Martha Stewart. Before the stock price fell sharply, Stewart was convicted of selling a large number of shares. She was accused of insider trading by the Securities and Exchange Commission and the Federal Bureau of Investigation. This is a positive sign that a better regulation for insider trading and financial corruption must exist. Martha Stewart is a great force and she works hard to get to where she is today. She turned her family etiquette into K Mart's $ 1 million dollar business. Together she became very symbolic of the market and figures. Martha's father has a very important influence on her entrepreneurial spirit. After working at the stock market Stewart started her career by creating a catering service from her house. She soon made a model of huge furniture. Her creative design, recipe, and craftsmanship made her the CEO of Martha Stewart Living Incorporated.
Famous examples of insider trading, including celebrity housewife Martha Stewart (1941 -), attracted public attention in 2003 and 2004. It is said that Stewart personally told him that the stock price of Biotechnology company ImClone Systems Inc. plummeted within a few days. Stuart sold her stock to avoid loss. Stewart was sued only by lying to FBI on this case, but her actions were a remarkable example of insider trading. Another type of security fraud involves illegal transactions called Micro-Cap. Micro means very small, the upper limit refers to capital or fund invested in the company. Micro-Cap stock is a low-priced stock of a new company with few business records. Securities fraud includes organizational crimes. This often forces people to invest in Micro-Cap using compelling appeals. The funds received are usually hidden in a foreign bank account and investors rarely see their money again.