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.
Nevada General Code of Executive Ethics for all Corporate Executives and Members of the Board of Directors and Committees
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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.
6 Essential Things to Include in Your Company's Code of EthicsMessage from the CEO/Founder.Purpose and Scope.Core Values or Ethical Standards.How to Report a Concern.Ethical Decision-Making.Ethics and Compliance Relationship.
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.
Seven golden ethical principlesBe an ethical leader.Use moral courage.Consider personal and professional reputation.Set the right tone at the top.Maintain an enquiring mindset.Consider the public interest.Consider 'the right, the good and the virtuous' actions"
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.
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.
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.
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.
A code of ethics and professional conduct outlines the ethical principles that govern decisions and behavior at a company or organization. They give general outlines of how employees should behave, as well as specific guidance for handling issues like harassment, safety, and conflicts of interest.
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