How well are corporate ethics codes and policies applied in the trenches?

Abstract

Assesses the extent to which organizational ethics codes, credos and policies are implemented by managers and supervisors in their work. Further identifies and assesses the principal factors that determined the level of consonance between stated ethical policies and values, and their actual practice. Supports and extends previous observations that simply having ethical codes and policies does not guarantee ethical practices throughout the organization. To become a genuinely ethical organization – an important success factor in today's environment – a comprehensive approach and investment in ethical safeguards is needed and should be regarded as a dimension of decision making alongside quality standards, performance, profitability and other strategic considerations.

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