The goal of this project is to establish a complete, globally applicable set of values and norms, as well as guidelines and regulations which should be accepted by each employee and manager, no matter in which country he or she works. Concerning the structure of this programme, two parts are distinguished - a theoretical approach to business ethics on the one hand and a concrete framework of ethical guidelines and on the other hand. In the first part a basic explanation about the role of business ethics in a changing business environment is given, followed by an overview of some important concepts of business ethics, social accountability standard SA 8000 and implementation of it. In the second part, we start with a code of ethics, where the necessity and importance of it is pointed out. The highlight is put on important aspects related to corporate governance, which includes especially a set of relationships between a company’s management, its board, its shareholders and other stakeholders. The next chapter deals with the code of conduct, in which rules and regulations will for ethical behaviour based on Bauernfeind's values are outlined. The code applies to all employees and managers in all countries where the Company is conducting its business, even if some of the aspects mentioned in this Code of Conduct are not required by law in some of these countries. Furthermore the questionnaire for the company is developed Finally, the project work is summarized and conclusion is drawn.
Inhaltsverzeichnis (Table of Contents)
- Part I
- Globalization and Business ethics
- Basics of Business ethics
- SA 8000
- Code of Ethics
- Code of Conduct
- Questionnaire
- Overview of the Semiconductor Industry
- Part II
- Code of ethics
- Code of Conduct
- Corporate Governance
- Implementation
- Summary
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This project aims to develop a comprehensive set of values, norms, guidelines, and regulations for ethical business practices that can be applied globally. The project is divided into two parts: a theoretical approach to business ethics and a concrete framework of ethical guidelines. The work seeks to establish a clear understanding of the importance of ethical behavior in a globalized business environment and provide practical tools for implementing ethical principles within an organization.
- The role of business ethics in a changing business environment.
- Key concepts of business ethics, including social accountability standards and their implementation.
- The importance of corporate culture and its link to ethical behavior.
- The role of corporate governance in promoting ethical practices.
- Practical guidelines for ethical behavior in the workplace.
Zusammenfassung der Kapitel (Chapter Summaries)
- Globalization and Business ethics: This chapter discusses the increasing importance of ethical considerations in a globalized business environment. It examines the challenges and opportunities that arise as companies expand their operations internationally, focusing on factors such as differing cultural norms, legal frameworks, and social expectations.
- Basics of Business ethics: This chapter provides a foundation in key concepts of business ethics. It explores the concept of social accountability standards, specifically SA 8000, and discusses its implementation. The chapter also examines the importance of developing codes of ethics and conduct to guide employee behavior.
- Overview of the Semiconductor Industry: This chapter provides an overview of the semiconductor industry, highlighting its unique ethical challenges and opportunities.
- Code of ethics: This chapter emphasizes the necessity and importance of a code of ethics for companies operating in a globalized environment. It explores how a code of ethics can help to ensure consistency in ethical behavior across different cultures and legal frameworks.
- Code of Conduct: This chapter outlines specific rules and regulations for ethical behavior based on the company's values. It addresses the importance of ensuring that all employees and managers, regardless of location, adhere to the same ethical standards.
- Corporate Governance: This chapter delves into the relationship between a company's management, board, shareholders, and other stakeholders. It discusses how corporate governance structures can be designed to promote ethical behavior and long-term sustainability.
Schlüsselwörter (Keywords)
This project focuses on the intersection of globalization, business ethics, corporate culture, and corporate governance. Key terms include ethical business practices, social accountability standards, SA 8000, codes of ethics and conduct, corporate governance, stakeholder relationships, and ethical decision-making in a globalized context. The work explores the implementation of ethical principles in the workplace, aiming to develop practical tools and frameworks that can help companies navigate the ethical challenges of operating in a globalized environment.
- Quote paper
- Christian Herbst (Author), 2004, Business Ethics Programme for the Bauernfeind Company, Munich, GRIN Verlag, https://www.grin.com/document/39895