Business Code of Ethics

Topics: Ethics, JPMorgan Chase, Virtue ethics Pages: 3 (1149 words) Published: January 13, 2014


Business Code of Ethics
PHL/323
Business Code of Ethics
In today’s business of financial institutes, a Code of Ethics policy is how a company is branded as being recognized for its behavior among the industry’s business associates, possible investors, corporate executive officers, employees, and more importantly, the consumer. In an attempt to promote an increasingly productive relationship with employees and clients, a corporation’s standard Code of Ethics should guide its members toward a more in-depth theory of their personal ethical activity, and how these actions affect the people or associates they meet. JP Morgan Chase has prided itself as a company for presenting a meaningful, working, respectful, and fulfilled environment to their employees. The purpose for why JP Morgan Chase has a Code of Ethics is so that the company will have honesty and ethical conduct and make sure they are in compliance with mortgage laws. As a financial lending institute, the Code of Ethics state: Carry out your responsibilities honestly, in good faith and with integrity, due care and diligence, exercising at all times the best independent judgment. Compliance with this Code of Ethics is a term and condition of your employment. The firm will take all necessary actions to enforce this Code, up to and including immediate dismissal. Violations of this Code of Ethics may also constitute violations of law, which may expose both you and the firm to criminal or civil penalties. (www.jpmorganchase.com) JPMorgan Chase is one of the oldest financial banking institutes in the United States. The history of the company dates back to well over 200 years and as of today they are one of the country’s leaders in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity line of mortgages. Chase’s direct banking center also offers interest rates that are consistently well...

References: http://www.jpmorganchase.com
Virtue Ethics in Business and the Capabilities Approach. (2000). Journal of Business Ethics, 84(2), 25-32.
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