Explain in brief: (iii) 'Value Driven' of a good ethics program.

CS Professional · Ethics, Governance and Sustainability · PYQS · June 2021
Explain in brief: (iii) 'Value Driven' of a good ethics program.

Answer & Explanation:

A company must have an effective ethics programme to ensure that all employees understand organisational values and comply with the policies and code of conduct that create its ethical climate. 'Value driven' is one of the factors which determines the success of an ethics program. 'Value-driven' means that the ethical and compliance programme is based on certain values. This will have the most positive effect on ethics and compliance programme and will result in: condemning unethical conduct; stronger employee commitment; Stronger employee involvement and commitment.

Topics: Ethics in Business

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