Back to Top

Ethics Guidance

Business Ethics

Business and industry are essential and good for society, but why bother even considering ethics; it's for wusses isn't it? Well no.

Your Ethics Statement

What you write down as your principle are rarely a matter of contract, but if a client or customer feels you haven’t treated him (or her) as well as you should have – and as well as a Statement of Ethics could be interpreted to say – your reputation will nose-dive. This is only one reason why it is important that you lay down your own principles. Others include;

Be Wary of Some Ethics Statements

If a firm’s Statement of Ethics is to be useful, it should be read carefully and the firm challenged to demonstrate its truth and justify its exclusions. What is left out is often as telling in what is included.

As independent consultants we can be engaged to ask the awkward questions, and from these;

Bribery & Corruption Legal Matters

Discussions about Ethics must also recognise where these overlap with the law. Bribery and Corruption are the most obvious areas of un-ethical behaviour, but these attract greater emphasis because they are also targeted by criminal law.

EDD Investigations

“Ethical Due Diligence” can be as important as Legal Due Diligence common in any M&A situation. It's about investigating business practises, judging whether they are ethical, and in some cases guarding against possible criminal blame. It is not about doing standard Legal Due Diligence ethically!