logo

Code of Ethics for a Company

   

Added on  2023-01-11

6 Pages1179 Words38 Views
 | 
 | 
 | 
Running head: BUSINESS LAW
BUSINESS LAW
Name of the Student
Name of the University
Author Note
Code of Ethics for a Company_1

BUSINESS LAW1
Introduction
Code of Ethics are considered to be an integral part of a company or an organization
since it gives certain rules and guidelines which helps the employees of a company or an
organization to maintain a certain decorum and to follow the rules and regulations which have
been laid down for them in an ethical manner. Therefore, it is important for a company to have a
code of ethics drafted which would help the employees behave in a certain manner1.
This paper tries to draft a code of ethics for a company and it also discusses the FCPA
along with the UK Bribery Act and apply those with the local law of Hawaii. In conclusion, it
summarizes the several points which have been discussed in the paper.
Discussion
Code of Ethics
It is necessary for a company to have certain rules and regulations which would be laid
down for the employees where they have to abide by those guidelines in order to carry out
activities in an ethical manner. A person or an individual has certain moral obligations in order to
live in a society which helps them to maintain peace and order in the society as their behavior
needs to be regulated. Similarly, in case of a company it is considered to be a separate legal
identity where the members of the company carry out activities on behalf of the company.
Therefore, the behavior of the employees needs to be regulated and controlled since it would
determine the reputation of the company2.
1 Bloch, Kate E., and Roxane Edmond-Dimanche. "The Rule of Law and Ethical Integrity: Does Haiti Need
a Code of Legal Ethics." U. Haw. L. Rev. 37 (2015): 1.
2 SA, Azul Linhas Aéreas Brasileiras. "Code of ethics and conduct." (2015).
Code of Ethics for a Company_2

BUSINESS LAW2
The company believes in the welfare of its employees as well as the effectiveness of the
functioning of the organization. Therefore, certain rules and guidelines are being provided which
would ensure the reputation and the welfare of the company or this organization in order to reach
greater heights.
The ethical conduct of an employee of the company is a significant factor as the behavior
of that employee determines the reputation of the organization. An individual in a company
needs to behave in an ethical manner as it is a crucial part which needs to be followed. Every
company has its own standard and set of rules for ethical conduct which needs to be maintained
and followed by the individuals as they are a part of the company3.
These rules and regulations should include that a person or an employee needs to behave
in an honest way and work for the betterment of the organization.
The employee or the individual needs to act truthfully and should not misrepresent or
falsify information acquired or obtained on a company’s behalf.
An employee of the organization should be able to perform his or her duties and
responsibilities in an ethical and competent manner.
An employee of the company should not engage in any kind of crimes or offences.
The employee should not be engaging in any kind of acts which are involving bribery.
An employee of a company or an organization should not be engaging in any intoxication
which would make the employee perform the duties and responsibilities in an
incompetent manner. The employee should not be under the influence of any drug or any
substance which would render the employee incapable of performing the duties.
3 Kaptein, Muel. "The effectiveness of ethics programs: The role of scope, composition, and
sequence." Journal of Business Ethics 132.2 (2015): 415-431.
Code of Ethics for a Company_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Ethical Issues Encountered by Managers
|4
|1126
|377

Corporate Governance and Management
|30
|9629
|1

Ethics Of Big Data And Analytics Report 2022
|4
|690
|25

Health Law and Ethics: Legal Requirements and Implications for Health Facilities
|8
|2035
|471

Ethical and Unethical Practices in Business
|12
|3375
|483

A Culture of Ethical Behavior Is Essential to Business Success
|7
|933
|12