Corporate codes of conduct are generally:
A) established as a result of collective bargaining agreements
B) established by government regulations and labor standards
C) made voluntarily by individual corporations
D) required by mandate of industry or employer associations

Question

Quizplus · Accepted Answer

Corporate codes of conduct are typically voluntary and made by individual corporations to express their values, expectations, and ethical principles. They outline how the company intends to operate and provide guidance to employees, stakeholders, and customers on the organization's expectations around ethical behavior, social responsibility, environmental stewardship, and compliance with applicable laws and regulations. While government regulations and labor standards may provide a framework for corporate conduct, they do not typically mandate a company's specific code of conduct. Collective bargaining agreements may address labor relations and working conditions, but they are not the same as a comprehensive code of conduct. Industry or employer associations may develop codes of conduct to promote ethical and legal business practices across their membership, but not all corporations within the industry may choose to adopt them.

Corporate Codes of Conduct Are Generally