Glossary term
Code of Conduct
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Collection of organizational guidelines and standards that ensure cooperative and ethical behavior.
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A code of conduct not only defines bribery and corruption but also offers guidance on handling ethical dilemmas. It ensures that employees understand their role in maintaining integrity within the organization. By setting clear policies, businesses can reduce legal risks and stay compliant with both national and international anti-bribery regulations.
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A code of conduct is a formal set of guidelines outlining the ethical standards and behaviors expected from employees and stakeholders within an organization. It helps promote integrity, accountability, and compliance with laws, fostering a positive workplace culture and reducing risks related to misconduct.