What are the benefits of adhering to a company code of ethics?
A)Firms that emphasize ethics outperform firms that don't emphasize ethics.
B)Those corporations that mention ethics in their management reports have lower than average performance.
C)Companies with a strong code of ethics and sense of integrity and honour will have trouble competing over the long run.
D)The employees of organizations that have a code of ethics are more honest.

Question

Quizplus · Accepted Answer

Firms that emphasize ethics have been found to outperform firms that do not emphasize ethics. This is because a strong code of ethics can lead to greater trust from stakeholders, improved reputation, and reduced risk of legal or ethical violations.

Answer: D
 Employees of organizations that have a code of ethics are more likely to behave ethically themselves, as they have clear guidelines to follow and understand the importance of ethical behavior within the company culture. This can lead to better decision-making, reduced risk of misconduct, and improved trust with stakeholders.

What Are the Benefits of Adhering to a Company Code