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How To Reform Corporate Ethics Memorandum

1109 Words5 Pages

Ethical Environment in US Corporate Memorandum
To
President of US
From:
Date:
Subject: How to Reform Corporate Ethics in American Corporate Today to Face Future
Purpose:
This memorandum is introduced the significant and effective policies, which would require implementing in the country to prevent the fall down of ethics in the corporate sectors in the upcoming future. This memorandum is also used some proposed policy and discusses about them, which may help the country to strengthen and fortifying the ethics related to existing corporate sector. This memorandum is clearly described why the proposed ethical policies are considered on the proper way to make reforms in existing corporate sector. This memorandum is also presented …show more content…

This is because that the ethics in corporate are also incorporated several rules and laws related to business with the moral values that lead only benefits of related societies. Hence, the business organizations have applied the corporate ethics in a different meaning and a different context to improve their image and reputation to get competitive growth and advantages (Brink, 2011). Corporate ethics are used by business organizations because it is directly related to the recent changes and development in the business environment. It was mainly used in businesses in the era of 1970.
On the other hand, corporate ethics force organizations and related people to apply the good business practices to reduce the corruption deals and scandals, which raised the need of ethical working environment. In the same manner, corporate ethics refers the use of systems in a business process, which could help the non related person to know about the movement of organizations in the market. This is because that the corporate ethics develop codes of business ethics, ethics based training, officers, and ethical committees to conduct the entire business process in a systematic manner (Pies & Koslowski, …show more content…

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Free, C., Stein, M. & Macintosh, N. (2007). Management Controls: The Organizational Fraud Triangle of Leadership, Culture and Control in Enron. Retrieved from http://www.iveybusinessjournal.com/topics/the-organization/management-controls-the-organizational-fraud-triangle-of-leadership-culture-and-control-in-enron.
Lyons, E.M. (2008). The Implications of the Sarbanes-Oxley Act for U.S. Foreign Relations. Retrieved from https://kb.osu.edu/dspace/bitstream/handle/1811/32187/Final_Erin_Lyons_Thesis.pdf
Pies, I. & Koslowski, P. (2010). Corporate Citizenship and New Governance: The Political Role of Corporations. Springer.
Shirley, J. (2004). International Law and the Ramifications of the Sarbanes-Oxley Act of 2002. Boston College International & Comparative Law Review, 27(2), 501-528.
Singleton, T. (2003). The Ramifications of Sarbanes-Oxley. Retrieved from http://www.isaca.org/Journal/Past-Issues/2003/Volume-3/Pages/The-Ramifications-of-Sarbanes-Oxley.aspx
Sison, A.G. (2008). Corporate Governance and Ethics: An Aristotelian Perspective. Great Britain: Edward Elgar

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