Ethics Red Flags for Board of Directors

Corporate Ethics is not an aloof concept but a very real foundation and cornerstone of a corporate business. It underlies the core of a business identity and values and is the driver for every organization quest to build trust, reputation, branding, customer demand, and cost effectiveness and with that market share (revenue growth). Corporate leaders as well employees who do not understand legal requirements and expected business ethics can be a liability rather than a resource. It is vital for organisations to stay current with the changes in the law and business practice. The Code of Corporate Governance & Ethical Conduct is an essential management tool for managing corporate conduct and directing change in work behaviour. It shows members of the industry, business partners and consumers that the company is conducting business in an ethical and professional manner. It also promotes business confidence and long term profitability as well as stresses that Human Behaviour is as important as Finance and Risk Management in ensuring profit.

4 CEP Hours