Ethics, from the Greek word ethos, means knowing the difference between right and wrong, and doing the right thing; it is the moral principles that govern a person’s behaviour. Corporate ethics, sometimes also referenced as business ethics, is the code of conduct which guides an organisation in its business dealings;
When the phrase “tone at the top” appears, scepticism about its effectiveness often follows. If all the news, fake or not, is to be believed, the tone at the top – hasn’t been setting the best of examples. Is a major overhaul needed, or will just a little tweaking do?
Corporate governance is about how corporations behave; and ensuring how corporations behave is ultimately a reflection of the society they operate in. Are they careful about how they use resources? Are they respectful of their environment? Do they care about the safety, health and overall wellbeing of the people in their
Every case of fraud, corruption, exploitation and oppression has at its root, a lack of ethics; perhaps not a complete absence of it but certainly enough to retard the perpetrators’ integrity. Ethics and integrity: you can’t have one without the other. These become even rarer commodities especially in the world