2. Functions from internal controlperspective Build up the ethical system within organization Define what is right and what is wrong – the values the organization adhere to Promulgate the action principles Nurture the human capital Persevere with the system
4. The Golden Rules The Value of Life Principle The Principle of Goodness or Rightness The Principle of Justice or Fairness The Principle of Truth Telling or Honesty The Principle of Individual Freedom Ethics: Theory and Practice Jacques P. Thiroux
5. Area to Practice Code of conduct Orientation Appraisal & Remuneration package Atmosphere Recreation Crisis handling Channel of communication 流水之為物也,不盈科不行;君子之志於道也,不成章不達。
6. Enron’s Code of Ethical Conduct >65 pages, based on several Boy Scout values, “ Respect. We treat others as we would like to be treated ourselves Integrity. We work with customers and prospects openly, honestly and sincerely. Communication. We believe that information is meant to move and that information moves people. Excellence. We are satisfied with nothing less than the best. ” Don’t do as I do, but do as I say