Case Study: The Boeing Code Of Business Ethics

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The Board and the corporate officers recognize that the long-term interests of the company are advanced when they are responsive to the concerns of communities, customers, employees, public officials, shareholders and suppliers.
Additionally, the Board has adopted a Code of Ethical Business Conduct to focus the Board and each Director on areas of ethical risk, provide guidance to help them continue to effectively recognize and deal with ethical issues, enhance existing mechanisms to continue the reporting of unethical conduct, and help to continue to foster and sustain a culture of honesty and accountability. The Boeing Company Ethical Business Conduct for All Boeing Employees. The Boeing Code of Conduct outlines expected behaviors for all …show more content…

 They do not take advantage of their Boeing position to seek personal gain through the inappropriate use of Boeing or non-public information or abuse of their position. This includes not engaging in insider trading.
 They will follow all restrictions on use and disclosure of information. This includes following all requirements for protecting Boeing information and ensuring that non- Boeing proprietary information is used and disclosed only as authorized by the owner of the information or as otherwise permitted by law.
 They observe that fair dealing is the foundation for all of our transactions and interactions.
 They will protect all company, customer and supplier assets and use them only for appropriate company approved activities.
 Without exception, they will comply with all applicable laws, rules and …show more content…

Boeing announces the firing of an engineer, Ken Branch, for being in possession of just seven pages of material (later raised to 197 pages) belonging to competitor, Lockheed Martin (“Lockheed”). Boeing and Lockheed were rivals for a huge Air Force rocket programmed, regarded as a vital element in both their future military and space prospects. It was revealed that Branch had previously worked for Lockheed, and had apparently brought the documents with him to Boeing. Notwithstanding the intense competition which existed, Boeing immediately informed both the US Air Force and Lockheed of its discovery.
The apparent act of honesty seemed more like a ruse three years later, when Boeing lawyers inadvertently let slip that there were 3000 pages of Lockheed documents found in Branch’s files. The Air Force became suspicious of the different numbers coming from Boeing and asked for a proper tally. Boeing admitted to 25,000 pages of stolen