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Codes of Ethics

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.

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Codes of Ethics

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  1. Codes of Ethics Corporations & Organizations/Industries

  2. 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 .

  3. 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.

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

  5. Example of Mission Statements: Starbucks • http://www.starbucks.com/mission/

  6. Home Depot’s Value Statment • http://corporate.homedepot.com/wps/portal/Values

  7. Example of Corporate Code of Ethics: • http://www.lockheedmartin.com/data/assets/corporate/documents/ethics/setting-the-standard.pdf

  8. Example of Association Code of Ethics: • www.marketingpower.com/AboutAMA/Pages/Statement%20of%20Ethics.aspx

  9. Generic Ethics Code • www.knowledgeleader.com/KnowledgeLeader/content.nsf/Web+Content/ChecklistsGuidesCodeofBusinessConduct!OpenDocument

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