Ethical culture approach in ethical conduct of a company

Question

Define the ethical culture approach in ethical conduct of a company.

Answer 1

The ethical culture approach:

A company using the ethical culture approach seeks to increase employee buy-in to the company’s ethical principles, business standards, and business values. Lots of the trappings used in the compliance approach are also obvious in the ethical culture form, but one other is added –powerful peer pressure from coworkers to examine ethical norms. One of the challenges to conquer in the ethical culture approach is that moral control resides in the code and in the ethics compliance system rather than in an individual’s personal moral liability for ethical conduct.