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Codes of Ethics

In: The Planetary Bargain

Author

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  • Michael Hopkins

Abstract

Today, the term ‘corporate code of ethics’ has tended to replace the original phrase, ‘code of conduct’, which is still widespread, but is more usually restricted to discussions of the conduct of public officials. A corporate code of ethics is, typically, a set of principles that state the moral obligations of the company in its relations with a wide audience of subjects or ‘stakeholders’. These codes have grown in prominence in the USA, and more recently in the UK, after a series of scandals. Companies with HQs in other countries are less well known in their application of codes of ethics, though this probably has more to do with specific cultural values than with their being any less concerned with ethics than their counterparts in either the USA or the UK. Therefore, in this chapter I focus upon US and UK experiences in this area.

Suggested Citation

  • Michael Hopkins, 1999. "Codes of Ethics," Palgrave Macmillan Books, in: The Planetary Bargain, chapter 4, pages 53-70, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-27066-8_4
    DOI: 10.1007/978-1-349-27066-8_4
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