The institutional affiliation
A code of ethics that may be also called an ethical code or a code of conduct is an inherent element of the company culture. The membership in the company commits members to abide by the standards of the code of ethics and the rules and procedures used to follow them. Thus, a well-structured and planned ethical code establishes trust and honesty, guides a decision-making process and advises employees’ commitment to the code. It might not be argued that every code of ethics is unique and reflects the spirit, business style and values of the company. Some codes are ...