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Compliance culture is a q , and q , A legalistic approach to ethics revolves around risk management. Relies on an explicit mission statement and

Compliance culture is a q, and q,
A legalistic approach to ethics revolves around risk management.
Relies on an explicit mission statement and defines the core values of the firm; how customers and employees should be treated.
Top-down integrity approach with shared values; norms that provide guides for behavior.
A and
Benefit of Business Ethics
There is a willingness to sacrifice for the organization.
It increases group creativity and job satisfaction and decreases turnover.
There is less pressure to compromise ethical standards.
It leads to a greater absence of misconduct.
All B
None
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