The main function of a code of ethics is to _____.
A)encourage managers and employees to make unsupervised decisions
B)guide managers and employees in making sound decisions and choices every day
C)liberate chief executive officers from any constraints placed by boards of directors
D)decrease the independence of boards of directors and increases the power of investors

Question

Quizplus · Accepted Answer

A code of ethics provides guidelines for ethical behavior and decision-making for managers and employees. It helps them maintain moral and ethical standards in their day-to-day activities. It does not encourage unsupervised decisions or liberate CEOs from constraints. It also does not decrease the independence of boards of directors or increase the power of investors.

The Main Function of a Code of Ethics Is to _____