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Ethical Analysis Of HSBC: Code Of Ethics In Business

1058 Words5 Pages

Abstract
HSBC has been established in 1865 to facilitate the trade between different regions in the world. The management of this company focuses on its ethical role in the society. The code of ethics of this company has different dimensions and elements; respect for the law, respect for each other, respect for competition, respect for company and its assets, respect for customers and respect for community. It is notable that this code of ethics attracts the attention of many customers in the world. it can increase the profits and revenues of the company. HSBC shall give more attention toward the needed region such as Africa and Asia.
Introduction
HSBC is one of the leading banks in all over the world. It has more than 6.000 offices in different advanced and developed countries in the world. Its main goal is to help prosper and develop the banking activities in all over the world. The company provides banking services for more than 47 million customers. It was founded in 1865 to provide the financial requirements for the trade between the Asia and the west. Today the bank managed to have different branches and millions of customers in the world.
Analysis
The code of ethics of HSBC includes the following principles:-
• Respect for the law: the employees and shareholders should focus greatly on the strict applications of laws and regulations. Any violation will lead to different problems and job termination.
• Respect for each other: the management of the company

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