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Corporate Ethics – Advantages and Challenges of Corporate Responsibility

Last modified: 2019-11-20


For almost all companies are the terms of "Sustainability" and "environmental protection" the most important of the millenium. Nowadays, corporate ethics is almost a MUST , especially when companies are globally active and the public society pays very much attention on manufacturin, performance and sustainability.

Raiffeisen Bank, Red Bull and many other companies implemented an own Code of Conduct. The Code of Conduct is not mandatory, but more and more companies are volutarily committed themselves to adhere to and enforce special guidelines in their production processes , workplace design, salaries, environmental protection and much more. This includes not only a simple entry on their Homepage or a note in the next company's brochure, but comprehensive changes within company activity itself. This paper aims to points out the most important components of the corporate ethics, with its advantages and challenges of the corporate responsibility


ethics, responsibility, conduct


1. Andreas Schneider, Corporate Social Responsibility in Theorie and Praxis, Springer Gabler Publishing House, 2015


2. Andrew Crane, Business Ethics - Managing corporate citizenship and sustainability in the Age of Globalization, Oxford Publishing House, 2016

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