There has been a serious critique on codes of ethics that they are only used for employees not for organizations. It is said that a code of ethics only transfers responsibility and accountability of ethical behavior from organization to individual employees. For instance, it is expected by an employee to perform efficiently and effectively along with loyalty and dedication. He is also ethically bound to disclose his all other activities, assets and sources of income to the organization. But at the same moment, if government announces some benefits for employees, e.g. to increase the pay of all government employees, the private organizations do not comply.
Question:
Do you think a code of ethics is also valuable for an organization; and if organization does not follow it, what are the repercussions for the employees to follow the code of ethics?
Plz reply and discuss
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