Business Ethics and Corporate Governance, Second Edition

CODE OF CONDUCT AND ETHICS FOR MANAGERS

Having gone through the definitions of what is and what is not ethics, let us see now how ethics and values should form the bases of the code of conduct that ought to govern the behaviour of business managers. In the exercise of their duties and responsibilities, managers must observe the following ethical values:

• Integrity: Integrity is the cornerstone of all values. A business manager should be morally upright. It is this characteristic that distinguishes a professional manager from a mercenary.
• Impartiality: A manager should look at and treat all aspects of an issue in a fair and unprejudiced manner.
• Responsiveness to the public interest: Though a manager is paid to serve the interests of the stockholders ...