Corporate ethics statements: Current status and future prospects

This paper reports on a study of large U.S. based corporations concerning the status of formal ethics statements. Almost all responding firms (91%) have promulgated a formal code of ethics while one-half have published values statements and about one-third have a corporate credo. Analysis of these s...

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Bibliographic Details
Main Author: Murphy, Patrick E. (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 1995
In: Journal of business ethics
Year: 1995, Volume: 14, Issue: 9, Pages: 727-740
Further subjects:B Ethic Statement
B Formal Ethic
B Future Prospect
B Economic Growth
B Specific Guidance
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Description
Summary:This paper reports on a study of large U.S. based corporations concerning the status of formal ethics statements. Almost all responding firms (91%) have promulgated a formal code of ethics while one-half have published values statements and about one-third have a corporate credo. Analysis of these statements concentrated on to whom they are communicated; whether codes of ethics contain information pertinent to the industry, include sanctions for violations and provide specific guidance regarding gifts. Conclusions and implications for managers and researchers are drawn.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/BF00872326