The document discusses corporate ethics and defines it as based on principles of integrity and fairness. It focuses on stakeholders like employees, quality of products/services, and customer satisfaction. Corporate ethics are implemented to define acceptable behavior, follow high standards, and enhance transparency. Everyone in a company is responsible for ethics. Studies show that unethical actions are sometimes rewarded while refusing them can lead to penalties, emphasizing short-term gains over integrity. To maximize ethics, companies must manage it properly and prevent unethical activities by educating employees on codes of conduct.