A Company's Code of Ethics

1736 Words7 Pages
A company's code of ethics is very important to establishing the expectations and quality of its brand. The code of ethics are concrete expectations for employee behavior, accountability and communicates the ethical policy of a company to its partners and clients. A good business practice is to have sound ethics. Having good ethical practice is knowing the difference between right and wrong and choosing what the right thing is. Though good ethical behavior is something that should be done automatically, a company needs to have a set of rules in place that holds everyone accountable. Over the last twenty years, the country has been bombarded with company scandals and unethical behavior; though morally wrong, the punishment does not fit the crime. The punishments have been overkill. A murderer, rapist, or child molester commits violent crimes and potentially is out of jail in 10 - 20 years. The CEO’s that commit white collar crime receive 25 years to life; this paper will discuss how this punishment for committing nonviolent crimes, such as breaching a company’s code of ethics, are disproportionate to violent crimes that plague the country today. White Collar Penalties are Too Harsh for the Crimes In the aftermath of Enron, Washington Mutual Bank, TYCO, and World Comm these companies went against the grain of what good ethical behavior is and what their respective company’s code of ethics were. The criminal justice system has made it clear that it will not allow companies and their executives to get away with the misuse of public trust by allowing them to make themselves rich at the expense of the employee. Where these crimes are both ethically and morally wrong, the CEO’s of major corporations are being punished by a ... ... middle of paper ... ...the non-violent offender should be afforded the same opportunity. References .(2007, March 8). Retrieved from Yahoo voices: http://voices.yahoo.com/worldcom-scandal-look-back-one-biggest-225686.html?cat=3 Dash, E. (2008). $5 Billion Said to Be Near for WaMu. New York: The New york Times. Haag, E. V. (1982). Commenting on Challegeing just Desserts: Punishing White Collar Criminals. journal of ciminolgy and law, 764. Harrison, K. (2010). Dangerous offenders, indeterminate sentencing, and the rehabilitation revolution. Journal Of Social Welfare & Family Law , 423-432. Mclean, B., & Elkind, P. (2003). The smartest guys in the room. New York: Portfolio . Podgor, E. S. (2007). The challenge of white collar sentencing. Journal of Criminal Law and Criminology. Weissmann, A. B. (2007). White-collar defendants and white-collar crimes. The Yale Law Journal Pocket Part.
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