Corporate codes of conduct Use the Internet to find a corporate code of conduct. Compare the code
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Corporate codes of conduct Use the Internet to find a corporate code of conduct. Compare the code you find to the list of typical components of a code of conduct in Exhibit 1.7. Does the code you examined cover all the components? If not, which components are missing? What business problems could result from the omission of those components?
Exhibit 1.7
Transcribed Image Text:
Compliance, Integrity and Anticorruption Accuracy of corporate finances and financial • Bribes reporting · Employee records and expense reports • Political contributions Conflicts of Interest Gifts and gratuities • Political activity • Outside employment • Family members • Disclosure of financial interests Employee, Client and Vendor Information • Maintaining records and information • Privacy and confidentiality • Disclosure of information Employment Practices • Workplace harassment • Equal opportunity • Diversity • Fair treatment of staff • Work-family balance • Discrimination • Fair labor practices • Illegal drugs and alcohol • Use of organization property and resources • Proper exercise of authority • Employee volunteer activities • Romantic relationships with coworkers • Incentives and recognition systems Environmental Issues • Commitment to sustainability Employee health and safety Ethics and Compliance Resources • Ethics advice helpline • Reporting procedures Anonymous/confidential reporting hotline • Summary of investigations process • Anti-retaliation policy and protections for reporters • Accountability and discipline for violators • Ombuds program Internet, social networking and social media • Internet and social network use at work • Prohibited sites and content • Policies regarding posts about company, work products or coworkers • Online relationships between managers and their reports Relationships with third parties • Procurement Negotiating contracts
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ANSWER The corporate code of conduct I examined did not cover all the components listed in Exhibit 1...View the full answer
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