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2012 Accountancy Week Celebration Cooperative Forum July 20, 2012 Hotel Intercontinental Manila, Makati City

Range of Ethical Issues

reflects the interaction of profit-maximizing behavior with non-economic concerns. Interest in business ethics accelerated dramatically during the 1980s and 1990s, both within major corporations and within academia. For example, today most major corporations promote their commitment to non-economic values under headings such as ethics codes and social responsibility charters.

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Social Responsibility
The cooperative being a peoples organization
has a heavy social responsibility that requires it to maintain a human and nationalistic stand, discharge its function and render services in the most professional manner, exercise judiciousness and sincerity to everyone, and be responsive to the needs not only of its membership but also of the general public
(Source: Model Code of Conduct and Ethical Standard for Cooperatives)

In operationalizing the Social Responsibility, the Cooperatives must

a) b)

To provide optimum supply of quality products and services at reasonable price or interest; and to be an active catalyst for change towards the total development of man and a potent political force in the community and in the country. Therefore, it does not engage only in economic activities but also in advocacy for reforms, policy directions, and local governance, thereby becoming an active partner together with other NGOs in seeing to it that progress is achieved and that benefits redound to the general public. But in the conduct of all these, it, must exercise partisan political neutrality.

(Ibid.)

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Evolution
Slavery is a system under which people are treated as property to be bought and sold, and are forced to work Colonialism is the establishment, maintenance, acquisition and expansion of colonies in one territory by people from another territory

Business Functions Ethical Issues

The 2008 financial crisis caused critics to challenge the ethics of the executives in charge of U.S. and European financial institutions and financial regulatory bodies Unfairness in trading practices Human resource management
Nepotism Gender discrimination Favoritism Union busting

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Article 43 Par. 2 of RA 9520

The by-laws shall provide for the creation of an audit, election, mediation and mediation,

ethics, and such other committees as may

be necessary for the proper conduct of the affairs of the cooperative

Functions of Ethics Committee

a. Develop Code of Governance and Ethical Standards to be observed by the members, officers and employees of the cooperative subject to the approval of the Board of Directors and ratification of the General/Representative Assembly; Disseminate, promote and implement the approved Code of Governance and Ethical standards; Monitor compliance with the Code of Governance and Ethical Standards and recommend to the Board of Directors measures to address the gap, if any;

b. c.

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Functions of Ethics Committee

d. Conduct initial investigation or inquiry upon receipt of a complaint involving Code of Governance and Ethical Standards and submit report to the Board of Directors together with the appropriate sanctions. e. Recommend ethical rules and policy to the Board of Directors; f. Perform such other functions as may be prescribed in the By-laws or authorized by the General/Representative Assembly

Core Values

Mission

Vision

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Our Core Values ExCITe

Excellence Excellence Doing ones best performance and achieve the desired outcome through effective and efficient management of resources. Commitment High dedication and proactive involvement in the realization of the Agencys mandate.

Our Core Values - ExCITe

Integrity Maintaining personal and professional conduct, beyond reproach.

Teamwork Teamwork Working effectively and harmoniously to achieve synergy in an environment conducive to the achievement of organizational goals.

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Mission
To ensure the safe and sound operation of cooperatives

Vision
An effective and efficient regulatory agency working towards the development of viable, sustainable, socially responsive and globally competitive cooperatives.

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CDA QUALITY POLICY: As the government Agency granting juridical personality to cooperatives, the CDA is committed to: - Continually enhance the quality of our programs and services, considering the aspirations of our clients in mind; - Deliver prompt services to the public, following a culture of excellence, commitment, integrity and teamwork; and - Act in accordance with law and public policy.

In line with these commitments, CDA will continue to give priority to capacity building to ensure that its human capital is knowledgeable, highly skilled, and creative as well as imbued with positive work ethics and spiritual values. This it will pursue with the goal of improving service delivery in the name of transparency, accountability and quality service.