First, it is important to recognize that “every company, every organization, already has an ethic of some kind, even if it’s unwritten” (The Corporate Ethics Monitor, Volume 1, Issue 1, page 14). This ethic is represented in the company’s corporate culture, which describes and regulates the behaviour of its employees and managers. Does the organization
Corporate culture is the basis of any company’s code of ethics and is described as being ‘the way we do things around here’ (The Corporate Ethics Monitor, Volume 1, Issue 1, page 14). The idea of an organization’s culture can be applied to any group or corporation, small, medium or large. Is the employee encouraged
An organization that exhibits corporate social responsibility performs so that it is both “directly and indirectly sensitive to the reasonable needs of various sectors in society” (The Corporate Ethics Monitor, Volume 1, Issue 1, page 1). In other words, it is – and is seen to be – responsive to various stakeholders’ needs. Companies that
A code of professional conduct outlines the acceptable or desirable behaviours and practices of a particular profession such as doctors, pharmacists, lawyers, and ethicists. Many corporations and whole industries use these codes as a replacement for a code of ethics. Unfortunately, codes of professional conduct do not cover enough areas to warrant calling them full