Corruption and Ethics in Global Business Brief answer: For nearly 40 years, ExxonMobil has promoted business ethics and integrity through a booklet titled "Standards of Business Conduct." ExxonMobil regards 'a well-founded reputation for scrupulous dealing' as a valuable company asset.
1. Why is ethics important to doing business?
2. If all companies established a corporate ethics code, would that eliminate company financial scandals? Why or why not?