The document discusses corporate ethics. It defines ethics and corporate ethics as conceptions of right and wrong behavior in business environments. The document outlines approaches to implementing corporate ethics, including defining acceptable behavior, following high standards, and complying with laws. It describes four approaches corporations can take to ethics - amoral, legalistic, responsive, and ethical. Finally, it emphasizes the importance of ethics for building a civilized society and enhancing an organization's goodwill and public image.

2. Contents:
 What is ethics?
 What is corporate ethics?
 Implementation of corporate ethics.
 Importance of corporate ethics.
 Approaches to corporate ethics.
 Ethical rules and values for corporations.
 Conclusion.

3. What is ethics?
 Ethics is a conception
of right and wrong
behavior, defining
for us when our
actions are moral
and when immoral .

4. What is corporate ethics?
 Corporate ethics or business ethics is a form of applied
ethics or professional ethics that examines ethical principles and
moral or ethical problems that arise in a business environment.
 A business is considered to be ethical only if it tries to reach a trade
off between pursuing economic objective and its social obligations.

5. Implementation of corporate
ethics
Corporate ethics are implemented to -
 Define the framework of the acceptable behavior.
 Follow high standards of practice.
 Create benchmarks for self evolution.
 Enhance sense of community.
 Create transparency in the business activities.
 Comply with government laws and norms.

6. Approaches to corporate ethics
Amoral Business
Legalistic
Business
Responsive
Business
Ethical Business
 Seeks to
win at all
cost.
 Anything is
acceptable.
 Will obey
the law but
not more than
that.
 Accepts that
being ethical
can pay off.
 Ethical
practice is at
the core of
the business.

7. Ethical rules and values for
corporations
 Always help others.
 Be honest.
 Follow the rules and policies.
 Respect Others.
 Be loyal and hard working.
 Do right and follow right.

8. Conclusion
 Ethics are important not only in corporate but in all aspects of life,
because it is an essential part of the foundation on which the civilized
society is build.
 Following a code of ethics enhances the goodwill
of the organization and organization possess a strong
public image.
 If you can adhere to the proper ethics,
many other corporate evils such as gossiping,
cheating, hiding, manipulating, complaining
will be discarded as well.