SEARCH:

search

JOIN OUR NEWSLETTER:

go

Calendar

Bookmark and Share

Thought To Ponder

Warriors and despots are generally bad economists and they instinctively carry their ideas of force and violence into the civil politics of their governments. Free trade is a principle which recognizes the paramount importance of individual action.
Richard Cobden

[ ]
 Business Ethics 
25 November 2003
And with good reason: consumers are increasingly wary of all business interactions, to the detriment of all, even the most upright of enterprises.
A solid ethics foundation has four key elements. The first is a strong code of ethics. The Sarbanes-Oxley Act of 2002 made it important for businesses to have an ethics code, something in writing about what one ought to do, and what to strive for. This also serves to inform employees of the vision that the company’s executives have for the company’s image and goals.

This helps new employees learn important aspects of how to carry out their actions at work., and provides veteran employees with something to fall back on; both as a reminder and as something to cite if they are being pressed to do something that they believe to be wrong.

Help support The Nassau Institute

Comments


Add new comment:
Name *
E-mail  
Subject *
Comment *
number
In order to prevent "spam entries", we require that you enter the numerical code in the grey box, as you submit your posting. Thank you for your cooperation.
You may edit it as long as you don't exit your browser. After moderator approval, it will be visible for public.