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Based on core values, a set of standards for conduct in government, companies and society that guide decisions, choices and actions.31
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Example in practice
The state minister of Turkey, Hayati Yazici, has argued that previous failures in the country to deal effectively with and prosecute corruption has tainted the public’s perception of ethics, making it seemthat corrupt individuals benefit from their actions.32
Relevant links
—— Institute of Internal Auditors: Code of Ethics.
—— Sarbanes-Oxley Act. 2002. Section 406. Code of Ethics.
—— Society of Corporate Compliance and Ethics.
—— U4 Resource Centre: Corruption and possible cures: Corporate Ethics.
—— World Bank: Corporate Corporation and Ethics Index.
32 “Turkey Demonstrates Impressive Performance in Dealing with Corruption”. Sunday’s Zaman. 1 March 2009.