Codes of Ethics Corporations & Organizations/Industries.

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Presentation transcript:

Codes of Ethics Corporations & Organizations/Industries

Code of Ethics: A company's Code of Ethics contains the ethical standards to which it commits itself and its employees. A Code of Ethics typically has two components, a Values Statement and a Code of Conduct.

Values Statement Short, aspirational document. It lists and defines a company's core ideals. These values usually are both ethical and operational in nature. A values statement lays out the critical guideposts that a company aspires to observe in the course of its business dealings, and provides some insight into how it integrates ethical and operational concerns.

Code of Conduct A longer more specific document, normally for internal use, which states or summarizes a company's ethics policies or practices.

Example of Mission Statements: Starbucks

Home Depot’s Value Statment l/Valueshttp://corporate.homedepot.com/wps/porta l/Values

Example of Corporate Code of Ethics: s/corporate/documents/ethics/setting-the- standard.pdf

Example of Association Code of Ethics: es/Statement%20of%20Ethics.aspxwww.marketingpower.com/AboutAMA/Pag es/Statement%20of%20Ethics.aspx

Generic Ethics Code ader/content.nsf/Web+Content/Checklists GuidesCodeofBusinessConduct!OpenDoc umentwww.knowledgeleader.com/KnowledgeLe ader/content.nsf/Web+Content/Checklists GuidesCodeofBusinessConduct!OpenDoc ument