Code Of Ethics Paper

Ethics, ethical values, and social responsibility should all work in unison in a corporate business structure. These key traits are better defined as maintaining overall good business morals, obtaining employees who possess personal ethical values, and finally to behave ethically and with sensitivity toward social, cultural, economic and environmental issues. For a business to better ensure these quality business traits a code of ethics should be adopted by the business. In the cases of Bernie Madoff and Enron, the most well-known financial scandals in history, I feel, gave a major hand in pushing business all across America to have and enforce the code of ethics.

The survey was performed in 2010 involving members of the Ethics and Compliance Officer Association (ECOA). They focused on the evolution of business ethics by analyzing six other studies over a span of two-and-a-half decades. Members of the survey were ethics manager, but members on the previous studies were regular employees and management. The results of the analysis of the previous studies showed that ethics programs in companies during a time span of the 1980’s through the 1990’s was used to show social responsibilities and not necessarily to enforce it throughout the company. It showed that ethics programs now that companies follow ethical laws and they are motivated to be ethical. Another result of the study showed that ethics training at companies has increased since the 1990’s due to the passing of Sarbanes-Oxley and other laws directed at ethics. The passing of the laws in the early 2000’s has led to ethics being a major component of everyday

If there has been unethical behavior going on in an organization, the organization needs to examine the behavior and dismiss the unethical people to save the organization. By creating a code of ethical conduct, this will give guidelines and practices that are

Codes of ethics are direction that every members of an organization has to follow and obey. They are very important pieces of an institution because they regulate member’s interaction with employees and clients (Longest & Darr, 2008). Similar as to any countries’ constitution codes of ethics contain a preamble to help defines the fundamental purpose and guidance principles of the organization. As for the American college of healthcare executives, their codes of ethics serve as standard of conduct for members of the organizations. It also includes standard of ethical behavior to easy the relationship for members of the institution (ACHE, 2011). Every organization drafts their unique codes of ethic with different purpose.

As many organizations have or seek to establish a global footprint, it is imperative that they establish a written code of ethics that clearly lays out what the company stands for as well as enforce it. This is required as it will establish the acceptable behaviors for those that fall under the code of ethics. Taking the time to develop this is key to successful interactions with internal and external shareholders as well as reducing negative perceptions by stakeholders.

When applied well, it can be a powerful tool in improving a company 's ethical climate. Ethics programs provide guidance in addition to the ethics code. They are responsible for implementing the guidelines that were established. This can include ethics training, development of policies, investigation of violations and allegations, and disciplinary actions. My organization maintains an ethics code, which is printed in the employee handbook. It covers all the standard points as far as employee conduct and corporate environment are concerned. However, the company lacks follow-through in the form of ethics programs. There is no existing ethics training or program in any form. Complaints of a minor nature are not always investigated thoroughly, which leads to a lack of motivation on the employees ' part to lodge a complaint. Ethics do not seem to play a vital role in the planning process of my organization.

Many fortune 500 companies have implemented a ethics program (Ruddell, 2015). This paper will examine the goals associated with establishing a ethics program, some action items, and considerations of the essential elements associated with ethic programs.

When discussing the importance of ethics, it must be clearly understood exactly what ethics are. Remley and Herlihy (2016) simplified ethics as, “conduct judged as good or right for counselors as professionals,” (p. 3). Ethical codes lay a groundwork to outline appropriate and consistent professional behavior amongst various occupations, including professional counselors. The American Counseling Association (ACA) is the primary professional association for counselors, and continues to publish revisions to its ethical guide, the Code of Ethics, for professional counselors (Remley & Herlihy, 2016). Individual states can also publish their own ethical guidelines for working professionals. In my home state of Pennsylvania, State Code refers all

As a leader of a U.S. firm with operations in foreign countries, I would need to learn about the local cultures where my firm is operating. It is very important for my company to have a model code of ethics. With the company’s mission and vision in as the center, I will establish cores values that can be tailored for application in diverse workplace environment. Everyone in the company would need to comply with quarterly trainings and stay familiar with our company’s culture and values. I also know that geographic and cultural diversity management is not the same across the board. Ethical dilemma takes different implication and perception depending on the cultural environment. “When dealing with unethical behavior overseas, companies need to consider the ethical concept.” (The Role of Ethics and National Culture).

If an organization/program does not have an ethical infrastructure, the organization would not be able to progress effectively and eventually becomes a chaos. If an ethical conduct is established would help to promote healthy behaviors, including a good communication pattern and integrity. According to Freund (2010), the ethical practice enhance decision making, promotes accountability and outlines program’s policies and procedures.

“A code of ethics is viewed as a tangible method for organizations to establish a need to encourage or compel ethical behavior and demonstrate a commitment to that end” (Grobman, 2007, Pg247). A strong ethical culture exists within a non-profit agency. Non profit agencies must also abide by

Having a code of ethics leads to improved employee behavior, which is a huge part of culture for a standard company. Because employees are the people who create value for the company, in which way, they need to have honest and candid altitudes to the company. Having a code of ethic is a useful tool to manage an organization’s values, responsibilities, and ethical duties. Companies setting their core values and codes are never the same. Companies must put the code of conduct into the business so that employees know how it applies to them. The code is also a way for

Ethics is defined as moral philosophy that involves defending, systematizing, and recommending concepts of right and wrong conduct. In business context, ethics is defined as form of professional or applied ethics that examines ethical and moral principles problems that arise in a business environment. The introducing code of ethics are to ensure business conduct with reliability and honesty. A code of ethics document may outline the mission and values of the business or organization, how professionals are supposed to approach problems, the ethical principles based on the organization's core values and the standards to which the professional will be held . Furthermore, many organization, industries are commencing cost reduction measures to remain competitive in today’s dynamic world. . An initiative in

Ethics ensure that a company achieves its mission, vision, goals, and objectives in such a manner that they give a company a sense of direction and framework. Ethics ensure guidelines are creating that bind the entire organization into one common thread, govern the action of the organizational employees, and avoid deviation from the desired strategic path. Five ways a company can ensure ethics is including in their strategic planning are

Business ethics, social, and environmental guidelines frame the expectations of an organization's stakeholders including customers, employees, and regulatory bodies. An organization's ethical guidelines encompass how the organization and its employees embody ethical principles in their dealings, with each other, and other stakeholders. Therefore, Ferrell, Fraedrich, and Farrell (2008) have defined Business ethics as "The principles and standards that guide behavior in the world of business" (p.6). In many situations, individuals must incorporate their personal ethics to match those of the organization's ethical culture. For this reason, business ethics theory indicates that an organization's ethics are evident in its organizational mission and vision (Hummels & Timmer, 2004). This is because the mission and vision determine organizational structure and culture, and thereby organizational and individual behavior.