Codes of Ethics Flashcards
What if the definition of Codes of Ethics? Crane and Matten
Voluntary statements that commit organisations, industries and professions to specific beliefs, values and actions and/or set out appropriate behaviour for employees
What is the industry code of conduct example?
Electronics, created by organisations such as HP and Dell.
Code of conduct:
- Safe working conditions
- Workers treated with respect and dignity
- Manufacturing process is environmentally friendly
Companies that have joined- Apple, Cisco, Microsoft, Sony
Name the 4 voluntary codes of conduct?
- UN Global Compact
- Principles for Responsible Management Education (PRME)
- CAUX Roundtable
- Ethical Trading Initiative
Explain the UN Global Compact
162 countries
70 UK
10 principles
BMEc are a part of it (2015)
Explain the Principles for Responsible Management Education (PRME)
Encourage ethical teaching in higher education, to ensure that future generations are aware and make ethical decisions
BMEc in 2015
Explain the CAUX Roundtable
International network of senior business leaders from Europe, USA and Japan.
7 principles with a “worldwide vision for ethical and responsible corporate behaviour.”- Promote moral capitalism
Explain the Ethical Trading Initiative
Code of conduct of standards for those in the farming industry, i.e. clothing or food produce.
Respect for workers rights worldwide
Asos and Asda
Name the company codes of conduct
Visa
HP
University of Sussex Council
BAE defence
What did Constantin Bloom say about leadership?
- Leaders can influence the ethical climate
- Concludes that changing the ethical climate does not change the ethical behaviour of individuals
What does Transformational leadership encourage?
- Leader-follower relationship
- Motivation
- Confidence
- Self-efficacy
Bill Gates & Steve Jobs