Code of Conduct and Behavior

The code of conduct and behavior for each organization can vary widely, depending on the type of business. Senior management sets the tone for how the organization is run. The code of conduct provides a standard for responsibility and ethical behavior toward the community.

History

Companies begin to implement codes of conduct in the 1960s although they were optional at the time. However, in this century, businesses emphasize the development and application of a code of conduct and behavior. The financial scandals of 2000 and after prompted international regulations and compliance for corporations, according to All Business.

Features

A code of conduct includes legal compliance, such as a no-tolerance policy for discrimination, information security, restrictions on financial gifts and general overall employee behavior. A code of conduct addresses conflict of interest issues as well. For professionals, giving back services to the public without compensation is often included.

Benefits

A code of conduct and behavior provides several benefits for companies. Improved staff morale promotes an enjoyable work environment and staff cohesiveness. Respect for the law shows employees that upper management commits to ethical standards. Finally, a code of conduct promotes good business relationships.

References

• All Business: Rules of Behavior: