Any questions about an employee’s actual conflict of interest with the company should be brought to the attention of the Corporate Governance Committee, which will review and determine an appropriate course of action. • Corporate Opportunities: An employee must not take any opportunity that was discovered through the use of company information and resources. An employee cannot use company property or information for personal gain. An employee is not allowed to compete with the company. • Confidentiality: Employees should maintain the confidentiality of information entrusted to them by the company or its customers, except when disclosure is legally authorised.
The Enron should not make fraud accounting make their financial performance clearly and correctly. The firm 's’ executives should control their ambition and do not make their own profits, they should take responsible to the whole company when it has
Apart from that, these codes demonstrate the rights, responsibilities and the commitments of the engineers. It also assists the engineers by providing a starting point to make any ethical decision. Since the codes of ethics are not legal documents, disobeying its provisions will not result in taken into custody or imprisonment. However, the person who violates it may be expelled from a professional society, such as National Society of Professional Engineers (NSPE) and American Society of Mechanical Engineers
Code of Conduct All organizations or business have a foundation in which they want to build on. The foundation is going to be the code of conduct. The code of conduct represents what that organization believes in when it comes to values, ethics, and commitments. Some organizations are required to have a code of ethics whereas other facilities are not but it is beneficial for all businesses to have a code of conduct. The code of conduct represents how the organization and the individuals working within the organization operates.
This idea takes the behavior and perspective of certain high-positioning authorities ("Relevant Factors") to be the behavior and perspective of the corporation itself with the goal that it may carry out straightforwardly wrongdoings which are not attributable to an corporation simply on the premise of corporate liability. This convention permits corporate risk for unlawful acts falling outside the adapt of vicarious liability, which was confined to carelessness in tort and to administrative criminal offenses. In a few forms of the doctrines, the personnels are regarded as the "directing mind " of the corporation. Master Denning in H.L.Bolton (Engineering) Co. v. T.J.Graham & Sons Ltd., clarifies this principle noticeably. He compares an corporation to a human body with a mind, an operational hub, and hands to hold the devices and to act as per headings from the center.
RESPECT FOR AUTHORITY Salaried engineers have obligations to respect their employers’ legitimate authority. What is the nature of this authority, and how far should it be recognised by salaried professionals as being morally justified? Institutional Authority Institutional authority is acquired, exercised, and defined within institutions. It may be defined as the institutional right given to a person to exercised power based on the resources of the institution. It is given to individuals in order for them to meet their institutional duties - their assigned tasks within an organisation.
This is possible if there are col-laborative efforts in the company. (Werlinger et al., 2009). The next level in the organizations is all other employees. In the same literature, it is advised that they should be well informed for the possible security threats, as well as security basics and literacy. All relevant groups in the organi-zation should be provided with sufficient training and supporting reference materials to allow them to protect information assets effectively (Straub, 1998).
The first step for a business to be ethically and social responsible is by establishing attainable goals and social responsibility tasks for the company. The top-level management should ensure that the goals they set for the business are measureable and all the actions are leading towards the right paths (Rampton, 2017). To become a more ethical business, a company should enforce code of conduct. A company’s values, ethics, objective and responsibilities can be show through codes of conduct. It also acts as a guideline and rules for all the employees to follow while performing their respective tasks (Magloff, n.d.).
They also lack of knowledge and idea to solve the problems because it is not under their field. As an engineer, the power to approve any project is under our control, so do not use that advantages of signature to the wrong way in order to get benefits for ourself only. For example, an engineers shall not affix their signatures to any plans or documents dealing with subject matter in which they lack competence, nor to any plan or document not prepared under their direction and control. By doing that kind to the wrong way, it will give us a negative feedback and results towards our attitudes. If they want to accept any projects, they must be responsible towards all matter that linked with the projects.