This due diligence form describes the General Code of Executive Ethics for all Corporate Executives and Members of the Board of Directors and Committees that has been adopted by the board of directors of a company. It reflects the company's vigorous and ongoing commitment to the highest ethical standards for its executives, officers, and board and committee members.
Minnesota General Code of Executive Ethics for all Corporate Executives and Members of the Board of Directors and Committees
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PRINCIPLESPrinciple 1 PUBLIC.Principle 2 CLIENT AND EMPLOYER.Principle 3 PRODUCT.Principle 4 JUDGMENT.Principle 5 MANAGEMENT.Principle 6 PROFESSION.Principle 7 COLLEAGUES.Principle 8 SELF.
How to Write a Code of Ethics and Code of Conduct:Review your mission statement and core values.Talk to stakeholders.Review past ethical issues.See where other companies have faltered.Create a draft code for input and discussion.Create a final draft and share it.
The code of ethics usually includes the six universal moral values that state you expect employees to be trustworthy, respectful, responsible, fair, caring and good citizens. You can also include values such as celebrating diversity, using green standards in the workplace, or dress codes.
The classic example is the Golden Rule: "Do unto others as you would have them do unto you." Other examples of societal ethical behavior include: Respect - Citizens must respect another's property, choices and lives. Loyalty - People put their family and friends' needs before their own.
Here is a framework to help you establish a code of ethics for your own business:Define the company's priorities.Speak with employees about content to include.Underline acceptable workplace behavior.Note who is in charge of compliance.Get approval from management.Initiate a code program.
Use examples of code of ethics to assist when creating your policies.Confidentiality and Privacy Policies.Professional Appearance Policies.Promoting Green Business Practices.Obeying the Law.Caring and Consideration Policies.
Terms in this set (7)Beneficence. concern for well-being and safety of clients.Nonmeleficence. refrain from causing intentional harm to cliens.Autonomy/Confidentiality. respect client's rights and opinions.Social Justice. provide services in a fair and equitable manner.Procedural Justice.Veracity.Fidelity.
The following are steps you can follow when drafting a code of conduct for your organization:Determine who will be included in the creation of your company's code of conduct.Consider any ethical issues that have occurred in the past.Create an outline.Discuss the draft with stakeholders.Compose the final draft.
It is divided into three sections, and is underpinned by the five fundamental principles of Integrity, Objectivity, Professional competence and due care, Confidentiality, and Professional behaviour.
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