CMLP 2.11_English: Incidents of Ethical Misconduct

Ethical behavior – whether governed by a documented Code of Ethical Conduct or adherence to accepted norms of behavior – is both a moral and, in many instances, a legal duty of individuals and organizations. Inappropriate or unethical behavior presents significant – and potentially irrecoverable – reputational, liability and personal risk. Understanding factors that escalate perceived and actual ethical behavior risk, the mechanisms to control this risk and the moral, organizational and statutory duties to report violations of accepted standards of ethical behavior, are essential tools in today’s world, and particularly for organizations operating internationally. Where an ethical violation occurs – and where the organization is found to be wanting – then the damage to staff morale, and the legal and reputational harm can be cataphoric.