Page 30 - Microsoft Word - 00 Prelims.docx

Chapter 1

Embedding ethical values: A guide for

CIMA partners

How does a company start to ensure that business behaviour reflects ethical
values?

 Identify core values to which it is committed.

 Articulate a set of business values.

Why produce a code?

 Prevent misconduct.

 Provide guidance for all employees.

 Promote and support an ethical culture.

Is having a code enough?

 Ethical values must be strongly embedded into an organisation’s culture.

 Supported by a programme of communication and training.

 Ethical commitments need to be reflected through core business activities.

 Establish a monitoring programme.

24