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Q1. Key ethical issues in the parmalat case. 1. Falsified accounts to cover debts 2. Creation of fictitious companies 3.

Selfish interests of the owners 4. Transferring of money to personal bank account 5. Unethical practices by the accountants 6. Fraudulent audit practices by banks and auditors 7. Failure of the judiciary system. Q2. Find out all the stake holders in the case. 1. Owners Tanzi Family 2. Financial Institutions J. P Morgan, Deloitte, Grant Thonton 3. Subsidiaries which belong to the same group. 4. Government. 5. Debt Providers. 6. Employees a) CFO Fausto Tanso and Lusiano b) Accountants c) Bondi

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