Codes of ethics

Defining and describing

standards and best practices

Dr. Bamini BA7402 – BUSINESS ETHICS, CORPORATE SOCIAL

RESPONSIBILITY AND GOVERNANCE
4/19/2018 1/11
 The Code of Ethics
• is an operational statement of the
central values of the social work
profession.
• Social work students should be
thoroughly familiar with it.
• Represents standards of ethical
behavior for social workers.

Dr. Bamini
1999 T.Y. LEESOCIAL
BA7402 – BUSINESS ETHICS, CORPORATE 2
RESPONSIBILITY AND GOVERNANCE
4/19/2018 2/11
 Contents
1. Fiduciary responsibilities
2. Compliance
3. Accounting
4. Governance
5. Communications and confidentiality
6. Absence of prejudice and harassment
7. Conflict of Interest
8. Human Resources
9. Cooperation
10. Social responsibility

Dr. Bamini
1999 T.Y. LEESOCIAL
BA7402 – BUSINESS ETHICS, CORPORATE 3
RESPONSIBILITY AND GOVERNANCE
4/19/2018 3/11
 Professions with ethical codes

• Doctors • Lawyers • Engineers

Dr. Bamini BA7402 – BUSINESS ETHICS, CORPORATE SOCIAL

RESPONSIBILITY AND GOVERNANCE
4/19/2018 4/11
 Sanctions for violations

• Loss of license
• What is to stop someone from setting up
practice without a license?
• Government enforcement
Dr. Bamini BA7402 – BUSINESS ETHICS, CORPORATE SOCIAL
RESPONSIBILITY AND GOVERNANCE
4/19/2018 5/11
 The great debate
• Is journalism a
profession?
• Can it be a
profession without
violating the First
Amendment?
• Can we have a
binding code of
ethics?
Dr. Bamini BA7402 – BUSINESS ETHICS, CORPORATE SOCIAL
RESPONSIBILITY AND GOVERNANCE
4/19/2018 6/11
 The rise of professionalism
• Adolph Ochs and
the New York Times
• Joseph Pulitzer
(right) seeks a
legacy
• Sigma Delta Chi
founded in 1909

Dr. Bamini BA7402 – BUSINESS ETHICS, CORPORATE SOCIAL

RESPONSIBILITY AND GOVERNANCE
4/19/2018 7/11
 “Canons of Journalism” (1922)
• Developed by the American Society of
Newspaper Editors
• Revised in 1975, now called the
“Statement of Principles”

Dr. Bamini BA7402 – BUSINESS ETHICS, CORPORATE SOCIAL

RESPONSIBILITY AND GOVERNANCE
4/19/2018 8/11
 “Canons of Journalism” (1922)
• Article 1: Responsibility
• Article 2: Freedom of the press
• Article 3: Independence
• Article 4: Truth and accuracy
• Article 5: Impartiality
• Article 6: Fair play

Dr. Bamini BA7402 – BUSINESS ETHICS, CORPORATE SOCIAL

RESPONSIBILITY AND GOVERNANCE
4/19/2018 9/11
 Discussion
• Where is objectivity?
• If the code isn’t
binding, what good
is it?
• If the code is
common sense, why
have there been so
many scandals?

Dr. Bamini BA7402 – BUSINESS ETHICS, CORPORATE SOCIAL

RESPONSIBILITY AND GOVERNANCE
4/19/2018 10/11
 Assignment:

Identify the Code of Ethics in the

Following Industries:
1. IT
2. Advertising
3. FMCG

Dr. Bamini BA7402 – BUSINESS ETHICS, CORPORATE SOCIAL

RESPONSIBILITY AND GOVERNANCE
4/19/2018 11/11