Such statements act as a guide for employees conducting business at all levels of the company. According to the International Business Ethics Institute an increase public awareness and dialogue about international business ethics issues through educational resources and activities will help companies make better decisions when faces with ethical dilemmas. Trust, a sense of fairness, and individual respect are likely to increase as ethical frameworks are clearly defined and as employees share a common set of behavioral guidelines. It has become a commonplace that demonstrating ethics is a good thing for an organization. Employees, managers, and top executives need to behave ethically so that the public can be confident that a company is not engaging in illegal practices, that managers are not harassing and threatening employees, and that line workers are not stealing from the company or from guests.
Business can never have high enough ethical standards.
To the extent that managers are effective in creating and maintaining ethical values, they are influencing the organization's culture and shaping employees' attitudes. If you find major discrepancies between your values and ethics and your company's, you need to analyze how important these discrepancies are to your job satisfaction. Consult your supervisor. Rather than make a decision on your own, consult with your supervisor if a situation is not ethically clear. If you make a decision without input from someone higher up in the company, it may turn out to be the wrong decision.