Your company's proprietary information, processes, practices, and rights are likely to be critical to your ongoing success. Your code of conduct should specifically address your employees' obligations both to safeguard the confidentiality of your proprietary and sensitive business information and to refrain from the improper use of the proprietary and sensitive business information of your customers, suppliers, and competitors. Your company's code of conduct should also address the protection of your intellectual property rights in general, such as patents, trademarks, copyrights, and trade secrets.





As one of its most basic fundamental principles, your company's code of conduct should insist that your company's business be conducted by your employees in full compliance with all applicable laws, regulations, and rules. An employee's failure to obey - and ensure your company obeys - all applicable laws, regulations, and rules should be a clear and express violation of your code of conduct, since that conduct may expose not only your employee, but also your company, board of directors, and management, to criminal or civil prosecution, fine, or penalty. Your code should encourage your employees to contact your company's lawyers with questions on specific laws, regulations, and other legal issues that apply to your business.





Your company's accounting records should be relied upon to produce clear and accurate financial statements and reports for your company's management, board of directors, shareholders, creditors, governmental agencies, and others. Your code of conduct should clearly state your accounting, financial, and tax records, statements, and reports should be kept and presented in accordance with all applicable laws, accurately and fairly reflecting, in reasonable detail, your company's assets, liabilities, revenues, and expenses. This includes time sheets, sales records, and expense records.





The influence of government at all levels has an increasingly significant impact upon business. People elected to public office help shape the laws and policies that apply to your company's business. As a result, your company and your employees have a proper interest in becoming involved in many areas of public concern.

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Course No: 143 Credits: 0.0 Method: Participatory Categories: Ethics Other

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