The Code of Ethics of a Company

A code of ethics stands for a set of principles of conduct set within an organization to assist or guide employees to making decisions and adhering to ethical behavior. It’s a set of guidelines that must be followed to make ethical choices when conducting work related matters. Code of ethics is an organizations form integrity. This paper will discuss what an appropriate code of ethics is, and summarize the features of deontological, consequentialist, and virtue of ethics in a professional code of ethics. It will also analyze both the advantages and disadvantages of each approach to ethical theory in the context of the workplace.

Firstly, I would like to explain what Corporate Social Responsibility is. “It is a company’s sense of responsibility towards the community and environment (both ecological and

We as business owners, management and or in a role of authority must set, address and comply with a solid foundation of ethics. “A code of conduct is the single most important element of your ethics and compliance program. It sets the tone and direction for the entire function. Often, the code is a standalone document, ideally only a few pages in length. It introduces the concept of ethics and compliance and provides an overview of what you mean when you talk about ethical business conduct.”

Responsibility: Management should fulfil their promises Eg: Employees should actually get rewarded for their hard work. (strydom, 2014)

Employers are required to treat all employees equally and give equal opportunity to all employees when considering performance management criteria. The employers should not have pre-judged views or biased views when approaching excellent or poor performing employees.

Any employee who feels that he or she has been subjected to sexual harassment should immediately contact the Human Resources Department for investigation and corrective action. Protection from retaliation will be provided and confidentiality will be provided as much as reasonably possible. Any employee who witnesses someone engaging in what could be deemed as sexually harassing conduct is obligated to notify the Human Resources Department even if the victim says that they can handle it or that they can take care of it themselves. Sexual harassment is an illegal act and must be reported and investigated just like any other illegal activity.

“Analytically, a corporation’s code of ethics is the documented, formal, and legal manifestation of that organization’s expectations of ethical behaviors by its employees” (Adelstein & Clegg, 2016, p. 55). The corporate credos and code of conducts provide employees with an understanding of the policies of the organization and the organizational ethical position. For these codes to be effective, all employees of the organization must be aware of them. The visibility of the code of conduct that enables the organization to be judged as ethical.

A code of ethics highlights the responsibility and accountability standards of each and every employee within the organization. These codes are also motivating factors that guide the employees’ behavior, set the standard regarding ethical conduct, and build an organizations trustworthiness within

Corporate Social Responsibility are actions taken by a corporation that have positive and lasting impact for all stakeholders associated with the organization, seeking to strike a balance between profits and helping to establish lasting investment in the community (Carrol, 2015). In the 1980’s, then President Reagan challenged the business community to take on more responsibility to address social problems (Carrol, 2015). Socially responsible actions can benefit local communities as well as the greater societal good.

Some themes I picked out from attending college surprisingly are not scholastic but more practical: the great importance of hard work, how to fail and not be a sore loser, having passion for what you do, and giving back to the community. Working hard has always been a principle that I have felt strongly about. Growing up, my parents had chores for me and my siblings whether it was vacuuming the living room, cleaning the bathroom or washing the dishes. We were expected to work hard daily to maintain the cleanliness of the house. I mention that because for this project I intend to examine the leadership in a business I would like to own, a daycare center. Owning a business allows individuals to take a sense of pride in their job,

Today, business ethics is one of the most important topics in discussion. With recent scandals come to the public of huge corporations, the public has lost its trust of businesses and require ethics be important to companies. Ethics, however, is not based solely on individual employees. In order for companies to comply with ethical standards, teamwork is necessary between the employees and the organization as a whole to create an ethical company culture that guides the actions of all members in an organization.

Corporate social responsibility emphasizes the participation of the organization in a larger society and its responsibility to support good causes. It emphasizes corporate citizenship, philanthropy, and community support and recognizes community-based obligations and responsibilities.

Traits associated to a psychopath include irresponsibility, manipulation, grandioseness, lack of empathy, asocial tendencies, inability to feel remorse, refusal to take responsibility for one's actions and superficial relations with others. Modern day corporations display every one of the previously listed characteristics. Is it right that an institution, whose power now rivals that of the State that once created it to seek the better welfare of its citizens, display the psychological traits of a dangerous personality disorder? Many say no: there is a rising discomfort with the corporation and its pervasion into every sphere of human life and it is this uneasiness that has prompted many academics to further study the corporation and its

The code of ethics or the ethical code of conducts defines those principles of ethics that are found to be fundamental and essential component while standing a business organization. Although they are found to be the foundational component in every aspect of life but in terms of businesses, they are highly appreciated and considered as the building blocks in the establishment of a business organisations or company. They defines the moral values and core values of the organization and gives a positive impact on the society and in the market as well; making the company a highly reputable

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. The code is also a way for employees to get advice about ethical problems or concerns. “In 2008-2009 Integrity Survey, published by KPMG Forensic, found that ethics programs, had a strong impact on how employees felt. Ninety percent of those