Components of a Code of Ethics

    Cards (5)

      1. Values - guide the organization’s internal conduct and its relationship with stakeholders.
      Values - emanate from its corporate culture as displayed by its stakeholders
      Values - should be expressed with honesty and fairness
      Values - sum up the company’s reputation wherein all interactions are
      treated with respect regardless of position and circumstances.
    • 2. Principles - credos (beliefs) that employees should live with during their stay in the company
      principles - support the values of the organization
    • 3. Management Support - serious in considering the code
      as the bible of the employees in terms of ethics.
      Management Support - To show support, the management allows the display of this code of ethics in prominent and strategic places in the work area.
    • 4. Personal Responsibility - Any member of the organization should uphold and preserve the code of ethics because any violation of the code may involve legal and moral consequences.
    • 5. Compliance - All legal requirements of the code should be met.