Tools and Checklists
Business ethics is the first line of defence against corruption, fraud and malpractices in business corporations. It is embodied in a strong ethical culture which helps businesses maintain the trust of stakeholders, build up company reputation and achieve sustainable development.
This checklist provides a tool for corporate leaders to conduct a quick organisational check-up in corporate ethics and diagnose the areas for follow-up and improvement.
Ethical Leadership
Cultivating a VIRTUOUS MIND
Organisational values form the company culture and shape staff behaviours. Corporate leaders should take the lead in fostering and sustaining a clean corporate culture by serving as role models, promoting ethical behaviours and facilitating open communication among stakeholders.
Code of Conduct
Defining the MORAL BACKBONE
A code of conduct sets out the ethical principles and behavioural standard expected of all directors and staff, reflecting the company's core values and culture.
Integrity Training and Activities
Nurturing the GOOD HEART
Regular integrity training and ethics promotion activities can enhance staff's awareness of common ethical issues in the workplace and their understanding of legal and regulatory requirements.
System Controls
Boosting IMMUNITY against ethical risks
A sound internal control system can prevent staff from falling into the trap of corruption and malpractices. It also helps ensure staff's compliance with the corporate ethics principles.