Comparing between two companies Research Paper Example | Topics and Well Written Essays - 750 words

Comparing between two companies - Research Paper Example It has various components of a corporate ethics program that include the belief of doing the right thing in making good business, an ethical code of conduct to promote integrity, assurance, and effective management. Indeed, it has a code of conduct that dictates the terms of employment in all associates of Novartis Group companies (â€Å"Novartis AG† Web). In addition, the company condemns direct or indirect engagement to acts of bribery and establishes a global Integrity and Compliance program to ensure conformity to the code of ethics. Moreover, the company seeks to uphold high levels of ethics in addressing challenging issues in its business operations. Notably, Novartis conducts business ethically maintaining a code of conduct and governance. On the other hand, Boeing has various components of a corporate ethics program that include conducting its business in an ethical manner that reflects impartiality and fairness. Indeed, the company adopts a code of ethics and a code o f conduct that complies with all laws and regulations. Most specifically, Boeing adopts the Code of Ethical Business Conduct that complies with the New York Stock Exchange's corporate governance rules (â€Å"Boeing† Web). This commitment guarantees integrity and values in their business operations. ... duct where Boeing adopts the Code of Ethical Business Conduct while Novartis adopts the belief of doing business in the right way that reflects ethical conduct. Additionally, the two companies adopt a code of conduct as the communication mode within the companies. More so, both participate in corporate social responsibility. Compared to Boeing, the ethics program of Novartis is more like an integrity strategy than a compliance strategy. Indeed, Novartis commits itself to good corporate governance that seemingly promotes integrity. Its code of conduct ensures an ethical articulation of business operations that upholds its values of integrity. Notably, Novartis strives for operational excellence to secure human rights for all, which translates to a strategy of integrity. Indeed, the company promotes a culture of integrity (â€Å"Novartis AG† Web) to ensure it does the right thing in business and promotes an ethical conduct. For example, the company states that the management car ries out annual performance reviews of associates to maintain and improve integrity (â€Å"Novartis AG† Web) and compliance. Furthermore, Novartis established a global Integrity and Compliance program that ensures compliance to integrity standards. Indeed, Novartis adopts a policy that condemns direct or indirect engagement in acts of bribery and corruption in its operations (â€Å"Novartis AG† Web). This is a step towards ensuring integrity in business activities involving Novartis and hence the ethics program of Novartis is more like an integrity strategy. Nevertheless, I think that Boeing Company has the better Corporate Ethics Program as compared to Novartis Group companies. The ethics program of Boeing has numerous components of corporate ethics program as compared to Novartis Group companies.