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MBA402 Governance, Ethics, and Sustainability

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Code of Conduct for the Commonwealth Bank of Australia that specifically addresses: A. Discrimination B. Exploitation C. Corruption D. Dishonest and Fraudulent Behaviour E. Whistleblower Protections F. Enforcement...

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Question Preview:

Code of Conduct for the Commonwealth Bank of Australia that specifically addresses: A. Discrimination B. Exploitation C. Corruption D. Dishonest and Fraudulent Behaviour E. Whistleblower Protections F. Enforcement

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It is highly important for the organization to understand that the ethical standards needs to be maintained for which the most reliable and known strategy is to handle the employees by imposing few of the code of conduct and policies as well as rules on them. It is to be understood that an organization of any strength is abided by law and rules in order to function there services and it is expected from the employees who are delivering there services there to behave in the same way (Valle M, n.d). We have observed that there many and several terms or rather rules and regulation which the organization should abide by in order to sustain in the market, legislation has delivered few terms and policies for the organization which the organization is responsible to deliver and can be attained by making a code of conduct.Code of Conduct is basically a set of ethical behavior which is expected from the employees of the organization to follow and to deliver their services by abiding by each of the terms which the legislature has imposed (Morton’s, 2010). Some of the issues which needs to be taken care of while framing the code of conduct are the most observed drawbacks and loopholes which the organization can face. Some of the most discussed issues and policies for the organization are discussed below:-•Abidance to the law and regulation- every country has framed a set of rules and regulations for the organization which they expect to be followed by the employees and the management. •Discrimination- every organization has set up their policies very clear which states that discrimination of any sort be it age, gender, race, cast and creed should not be practiced within the organization (Developing a Code of Conduct: A Step-By-Step Guide, 2013). •Safety of health and environment- it has been observed that organizations tend to promote safety with respect to individual’s health and environment and tend to deliver the best place for any employee to work and render its services and for the environment at the same time.

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