Despite corporations’ proliferation of codes of conduct, codes often times suffer from numerous weaknesses that undermine their effectiveness and place a company’s reputation for integrity at risk. An understanding of these weaknesses helps a company to avoid such problems during a subsequent revision.
For the most part, a company’s standards of conduct serve as the central component of its integrity management program. Yet many companies place their programs at risk because this central communication is not well constructed – principally, it does not effectively address the company’s specific characteristics and needs.
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