Ethical problems are inevitable at all levels of a business and a company needs to take ethics seriously by institutionalizing ethics in their organizations. Accordingly, an important segment of corporate America has begun relying on such tools as: statements of corporate values, codes of conduct, ethics workshops, hotlines, even corporate ethics offices and board level ethics committees. Fueled by recent corporate accounting scandals and heightened scrutiny from shareholders and federal regulators, more companies are ramping up ethics training programs for executives and employees. …
