Why is an effective ethics program important?

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Setting up an ethical program is very important since without one your company could end up getting hurt."A company must have an effective ethics program to ensure all employees understand its values and comply with the policies and codes of conduct. If the culture encourages unethical conduct, then misconduct is likely to occur even if the company has ethical guidelines in place.". If you don't punish people for doing something wrong and if you don't reward people for doing something right.People will end up choosing to break the rules since it will benefit them. An ethics program helps communicate your company's business philosophy to employees, vendors, investors and customers. A good ethics program can help strengthen your relationships with employees and customers and improve your company's reputation. Although your employees might be familiar with your company's informal stance on