EXPLAIN THE FUNCTIONS OF CODE OF CONDUCT
Answers
Explanation:
A well-written code of conduct clarifies an organization's mission, values and principles, linking them with standards of professional conduct. ... It can also serve as a valuable reference, helping employees locate relevant documents, services and other resources related to ethics within the organization.
Answer:
There's a reason the Sarbanes-Oxley Act requires that publicly-traded companies have a code of ethics, also known as a code of conduct. The purpose of a code of conduct is to explain exactly what conduct is expected of all employees and the consequences if they act unethically. This helps reduce the likelihood that they'll undertake unethical actions, which protects the company's shareholders. Many nonpublic companies also have a code of conduct that protects them in a variety of ways.