According to the Financial Executives Institute, corporate governance consultants and academics agree that a company needs to

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According to the Financial Executives Institute, “corporate governance consultants and academics agree that a company needs to have a code of conduct” for its employees. Most companies, even many of those who experienced ethical breakdowns, have such a code. Answer the following questions about corporate codes of conduct.
1. What is a corporate code of conduct?
2. What types of issues are covered in a corporate code of conduct? At what level of detail?
3. In some cases, codes of conduct were not effective. What, besides simply having a code, is necessary for a code of conduct to be effective?
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Introduction to Management Accounting

ISBN: 978-0133058789

16th edition

Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta

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