Business Code of Ethics
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A business code of ethics (BCE) is a distinct and formal document containing a set of prescriptions on a range of issues, which has been developed by and for a company for the purpose of guiding its employees’ behavior toward each other, the company, external stakeholders, and/or society in general. A BCE is a device for self-regulation developed for and by a particular company. A BCE is one of the layers in the whole spectrum of codes for businesses that consists, among others, of professional, industry, national and international codes.
In the business ethics literature, a BCE is the most frequently cited instrument for managing the ethics of business. Nowadays, many companies have a BCE. For example, 76% of the Fortune Global 200 companies have a BCE...
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- KPMG (2014) The business codes of the fortune global 200: what the largest companies in the world say and do. KPMG, AmsterdamGoogle Scholar