Business Code of Ethics

Evaluation of Business Code Ethics

Over the last several years, the issue of ethics has been increasingly brought to the forefront. This is because a wide variety of organizations have been facing some kind of high profile scandal involving an ethical dilemma. To address these issues, most firms have implemented a code of ethics for everyone to follow. The problem is that most people are not aware that these codes could exist or the specific ideas inside of them.

A good example of this can be seen by looking no further than observations from Farrell (2012). He found that a number of private corporations and non-profit entities do have a code of ethics in place. However, only a limited numbers of employees know about them. Moreover, there is no attempt inside the majority of firms to enforce them. Once this happens, is when the odds increase...
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