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An
ethical
foundation
in
corporate
governance is decisive because it helps to
build
enduring
corporate
governance
processes that thrive even in the most
difficult of circumstances.
It is the rock upon which ethical businesses
stand and ethics is the tower of strength
which intrinsically police the behavior of
every leader including those in key positions.
Business ethics must be embedded in
business strategy and embedding ethics in
strategy goes beyond merely mentioning
ethics in the corporate governance policy
document.
6. Take a charitable
understanding of others
values
7. Make tough calls when being
imaginative
8. Know the limits of the values
and ethical principles they live
9. Frame actions in ethical terms
10.Connect the basic value
proposition to stakeholder
support and societal
legitimacy.