Two major areas of public concern in Britain are executive pay and corporate tax avoidance. All operations in Swedbank have to be characterised by excessive moral requirements, which necessitates that Swedbank and its staff actively examine every enterprise transaction and ethically questionable state of affairs on the basis of moral norms and attitudes. Phillips, R. & J.D. Margolis, 1999, Towards an Ethics of Organizations”, Business Ethics Quarterly, 9(4): 619-638.
Taking a proactive method in moral enterprise conduct increases trust in our company and improves relationships with key stakeholders. Business ethics refers to modern requirements or units of values that govern the actions and behavior of an individual in the business organisation.
All workers of POSCO Group must strictly adjust to the rules of ethics and sensible tips set by this code of ethics in all elements of enterprise. The society need to get the actual that means of holding morality and ethics, not only at working places but in addition in social day-to-day life.
Unethical conduct worsens sabotaging behavior. In consequence, POSCO enacted the code of ethics in 2003 that should be adhered to by all staff, and explicitly included the US Human Rights that claim to support respect for human life and dignity in 2014. Our values, sense of loyalty, and trust are included into our actions and, as such, affect the day-to-day working of businesses, both massive and small.
We all must perceive the coverage and maintain ourselves accountable to the ethical, legal and enterprise standards required to fulfill the expectations of our colleagues, clients, shareholders and many different people and organisations that interact with us.