A code of ethics is a set of principles guiding members of an organization and other interested persons in making ethical choices in the conduct of their work. The Code of Ethics manual contains approved provisions relating to the enforcement of the Code of Ethics. The essential purpose of a code of ethics is to…
(This post elucidates the meaning of Whistle-Blower and Whistleblowing Laws in India) The whistle-blower is a complainant who wishes to complain or disclose any allegation of corruption or misuse of office by any employee of the Central Government or of any corporation established under any Central Act, government companies, societies, or local authorities owned or…
Unethical behaviour is an act that falls contrary to what is considered morally right for a person, a business a profession, or in politics. It can also be behaviour of a person that falls outside the principles admired in the community where he lives. Unethical behavior of a person: Lying to family members, friends, colleagues…
Ethics is a set of moral principles which recognizes the difference between right and wrong and consistently strive to set an example of good conduct. Ethical behaviour of a business is shaped by the internal culture of an organization is recognized by the customers, competitors, government, regulators, and all the stakeholders. Organizations behaving ethically also…
A Manager as an ethical leader requires demonstrating character, morals, and virtue in his work, focusing on the needs and rights of employees working under him. The basic responsibility and obligation of a manager is treating everyone to the same standard and make them understand what the management expects from them. As an ethical leader,…
The employees who assist senior management in promoting ethical policies, code of conduct, and related policies within the organization are referred to as ‘Ethics Ambassadors’. These ambassadors are appointed full-time or may be taken on in addition to an employee’s day-to-day job. The ethics ambassadors have an important role to play in nurturing awareness and…
Work ethic is a set of values an employee uses in his/her job based on the ideals of discipline and hard work. Work ethic encompasses moral principles like integrity, a sense of responsibility, inherent ability, teamwork, and cooperation. This involves a person’s attitude, behavior, respect, communication, and interaction and how he/she gets along with others.…
A conflict of interest arises when a person chooses personal gain over his duties to the employer or exploits his position for personal gain in some way. In banks, as a general rule, people of top management or Managers or employees should avoid conducting bank’s business with a relative or any other person or any…
[This post elucidates about Employees’ Obligation to Bank/ Third Parties, Abuse of Official Position, and Sexual Harassment], Banking ethics is a committed set of ethical standards and rules that should be followed in the activities of financial institutions and employees of the banking sector. Every employee of the Bank shall conform to and abide by…
[This post elucidates Values, Norms, Beliefs, Morality, Conflict, Integrity, Golden Rule, Dilemmas, and Decision-Making] Ethics is a set of moral principles that guide a person’s behaviour and arrive at moral standards that regulate right and wrong conduct. The ethical principles are expressive about good habits that one should acquire, the duties that one should follow,…