Codes of Ethics

An organization’s code of ethics is a formal document that expresses its way of thinking and the ethical values on which it is based; it is the ultimate expression of an organization’s culture, norms, and beliefs. Contained therein are the principles of moral character that an organization hopes to cultivate, both within the organization and outside it, as a code of ethics not only establishes what a company expects from its members but also reflects the responsibility it assumes in society. In that sense, a code of ethics represents an introduction to a given organization and a presentation to the community, to its own employees, and to its shareholders. By revealing its governing moral values, the organization discloses its personality and character traits, as well ...