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When considering the goal of having a having an effective ethical corporate culture for all employees...

When considering the goal of having a having an effective ethical corporate culture for all employees what is the most important:

a. Tone at the top as exhibited by senior management

b. Efficient oversight by the company’s Board of Directors

c. Strong system of internal control

d. Code of conduct

e. Ethics risk management programs

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Answer #1

a - Tone at the top as exhibited by senior management, The senior management should act as a role model the employees are guided by the behavior of top management. All other points such as efficient oversight by the Board of Director's, system of internal controls, the code of conduct & risk management programs are planned, enforced and driven by the senior management. The senior management behavior and actions speak louder than their words, and communicating “how we do things around here.”

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