Essay Inquiry in to Shell Company's Code of Ethics

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Inquiry into Shell Company’s Code of Ethics
PHL 323 – Introduction to Business Ethics
Christine Morrow
September 9, 2012
Sabrina Hunter
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Inquiry into Shell Company’s Code of Ethics
Intended Persons and Specific Purposes Shell Company Code of Ethics Was Intended For
Intended Purposes
This particular company’s code of ethics was created for a couple of very specific reasons, and is intended to be adhered by specific individuals that are actually listed by position or job title in the document itself. According
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The second new type of disclosure the Act states is “whether or not the company adopted a code of ethics that applies to principal executive officer, principal financial officer, principal accounting officer or controller, and persons performing similar functions” (U.S. Securities and Exchange Commission, 2003).
This paper does not require information on the Sarbanes Oxley Act.
Listing Requirements for New York Stock Exchange
The next item the Shell Company Code of Ethics refers to is the listing requirements for the New York Stock Exchange. The listing requirements for the N.Y. Stock Exchange are as follows according to the U.S. Securities and Exchange Commission: “the initial listing requirements mandate that a company meet specified minimum thresholds for the number of publicly traded shares, total market value, stock price, and number of shareholders. After a company starts trading, it must continue to meet different standards set by the exchanges. Otherwise, the company can be delisted (2003). These brief descriptions of the two stated documents will help the reader better understand what specific purposes the Shell Company Code of Ethics were intended for. This paper does not require Listing Requirements for the NYSE.
Shell Company’s Ethical System
Virtue Ethical System For all informational purposes, I will start out by stating that Shell Company’s ethical system is one of virtue. According to the “University of Phoenix Material titled Introduction to
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