This article examines whether companies who buy codes of ethics are serious about implementing and living up to those ethics.


This article by Aaron Patrick, writing for the Australian Financial Review, makes the following points about businesses that have adopted codes of ethics:
  • Business ethics wasn’t taken seriously until the 1960s, when the business practices of some multinational corporations, such as tobacco companies, were vehemently opposed by social activists
  • By 1990 business ethics was firmly established in academia and influenced large companies and investors.
  • Some companies found it much easier to buy their ethical codes rather than develop their own.


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    Source Information:  Australian Financial Review