Currency futures and Ethics: Difference between pages
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== Definitions of ethics == | |||
#Moral principles. | |||
#Principles which govern the conduct of any individual or corporate member of a professional organisation. | |||
== Characteristics of ethical issues == | |||
The Institute of Business Ethics (IBE) identifies the following characteristics, to help you identify whether a business issue is an ethical issue. If one or more of these characteristics is present, it is likely to be an ethical issue: | |||
# It raises moral questions | |||
# It is not covered by law | |||
# It compromises your own or your organisation's values | |||
# It is against any code of ethics or code of practice | |||
# It involves your duties and responsibilities | |||
# Your 'right' decision may not be the same as someone else's 'right' decision | |||
# It provokes the responses 'should I?' or 'ought I?' | |||
== See also == | == See also == | ||
* [[ | * [[ACT Competency Framework]] | ||
* [[ACT Ethical Code]] | |||
* [[Code of practice]] | |||
* [[Corporate governance]] | |||
* [[Corporate social responsibility]] | |||
* [[Agency risk]] | |||
==Other links== | |||
[http://www.treasurers.org/node/9783 Does ethics matter? The Treasurer 2010] | |||
[[Category:Self_management_and_accountability]] | |||
[[Category:Ethics]] | |||
Revision as of 12:12, 15 December 2015
Definitions of ethics
- Moral principles.
- Principles which govern the conduct of any individual or corporate member of a professional organisation.
Characteristics of ethical issues
The Institute of Business Ethics (IBE) identifies the following characteristics, to help you identify whether a business issue is an ethical issue. If one or more of these characteristics is present, it is likely to be an ethical issue:
- It raises moral questions
- It is not covered by law
- It compromises your own or your organisation's values
- It is against any code of ethics or code of practice
- It involves your duties and responsibilities
- Your 'right' decision may not be the same as someone else's 'right' decision
- It provokes the responses 'should I?' or 'ought I?'
See also
- ACT Competency Framework
- ACT Ethical Code
- Code of practice
- Corporate governance
- Corporate social responsibility
- Agency risk
