Code Of Conduct Through Their Own Behavior

1408 Words Nov 30th, 2014 6 Pages
Defined the code of ethics is "written standards that are reasonably designed to deter wrongdoing and to promote (Cornell University Law School, 2005):
• Code of conduct through their own behavior. Honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships;
• Full, fair, accurate, timely, and understandable disclosure in reports and documents that a company files with, or submits to, the Commission and in other public communications made by the company
• Compliance with applicable governmental laws, rules and regulations;
• The prompt internal reporting of violations of the code to an appropriate person or persons identified in the code
• Accountability for adherence to the code

Individuals are going to do what they set out to do whether their intentions are good, bad or indifferent, just look at the Enron tragedy. It occurred mainly in part from a wavering of provisions of the company 's code of ethics relating to conflicts of interest, especially as it applies to executive leadership and their Boards of Directors. Having a strong set of ethics in place by no means does not guarantee one that corporate misconduct will not occur in the workplace however, it is a strong gauge and reminder that there are certain standards that one must follow and at the same time a reminder of what will happen if you deter from them. Just know that just with having an effective ethics program in place…
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