3008.1.2 : Ethical Leadership and Code of Ethics
The graduate identifies influences on ethical leadership and analyzes a code of ethics.
3008.1.3 : Policy and Program Development
The graduate develops policies, practices, procedures, and programs that foster organizational ethics and socially responsible behavior.
3008.1.5 : Legal and Regulatory Requirements
The graduate analyzes applicable legal and regulatory requirements to determine whether organizations meet legal responsibilities.
As a leader in your organization, it is vital that you are familiar with the laws that regulate your industry. Sparked by the dramatic corporate and accounting scandals of Enron, Arthur Andersen, Adelphia, and WorldCom, the Sarbanes-Oxley Act was implemented in 2002 in an effort to restore confidence in the stock markets. Sarbanes-Oxley represents the most important securities legislation since the original federal securities laws of the 1930s as it increased governmental regulation and oversight of publicly traded companies and established protections for whistleblowers. The False Claims Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act provide a financial incentive for those who blow the whistle to report fraudulent activity within their organization.
In this task, you will select and analyze an established company’s code of ethics, analyze how an employee would raise an ethical concern within an organization, and consider current laws with respect to whistle-blowers.
You are an experienced ethics officer