Volume 21 Number 1 June 1996


Compliance and Corporate Culture: Making the Most Out of Codes of Ethics

by Bruce Kaye

Abstract

Codes of ethics are attracting more interest in Australian business corporations. They have often been used simply to garnish the public image, or to remind employees of the law. However, they can fulfil a more important educational role in the corporation in shaping and maintaining corporate culture. They also can translate into instruments to achieve volitional and creative compliance, and in turn have a direct impact on transaction costs in the corporation.

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Keywords

CODES; ETHICS; CORPORATE CULTURE; TRANSACTION COSTS; COMPLIANCE.


Contact Details

Bruce Kaye
General Secretary
The Anglican Church of Australia
General Synod

This article arises from work done in the New College Institute for Values Research, and from experience in teaching on the social theory of the business corporation. It is also an offshoot of reflections on changing the institutional culture of The Anglican Church.



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