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Cocron Code Of Ethics Essay

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Recommended: Corporate ethics and governance

1. Introduction
CORCON is a construction company that has lost its reputation mostly due to unethical management behavior, despite the fact that the company’s growth having being very good! Operating an industry that is known to be prone to corrupt practices and unethical behavior makes it easier for CORCON to fall prey to these practices. Management and employees may turn a blind eye to what is wrong and what is right, as pressure to meet targets no matter what is being imposed on them by the Chief Executive Officer. This is a clear indication that the tone on top in terms of good ethical behavior is absent in this company.
According to Wikipedia; “Business Ethics (also corporate ethics) is a form of applied ethics or professional ethics …show more content…

The board should make it clear that ethics are embedded in the way in which the company does its business. The company’s vision, mission and strategic objectives should be reflective of the board commitment to ethics.

ii) Establishing an ethics management …show more content…

This committee would be responsible for the development and operation of the ethics management framework. They will also oversee the implementation and administration of the ethics management framework, including administration and training of policies and procedures, and resolving ethical dilemmas.

iii) Establish an Ethics Office
An ethics officer manages the institutionalization of ethics in an organisation1. This role is becoming more common, particularly in larger and more progressive organizations. The ethics officer is usually trained about matters of ethics in the workplace, particularly about resolving ethical dilemmas.2 With ethics being questionable in CORCON, there is no doubt that the existence of an ethics office will be beneficial to employees and the company as a whole.

iv) Consider establishing an

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