Business Ethics & Social Responsibility

Topics: Business ethics, Corporate social responsibility, Ethics Pages: 3 (828 words) Published: April 17, 2011
Business Ethics & Social Responsibility:


PriceWaterhouseCoopers (PwC) is considered to be one of the most renowned global professional services firm in the world. With 161,000 employees located in 154 countries, the company's “core values of excellence, teamwork and leadership (have) help us to achieve this growth.” (PricewaterhouseCoopers) They not only focus on meeting their clients’ needs but they apply on their employees’ careers with the same intensity. The company has been able to extend their services because they excel in what they do and they “take the time to listen, question and understand the competitive and regulatory environment” for each of their clients. PwC not only created an ethical code of conduct but they also grasped the concept of corporate social responsibility, which states “ as a leader in both the conceptual and practical aspects of corporate responsibility, we are happy to note that CR (corporate responsibility) has now reached the point of maturity – both for society and business. We have always believed that the best business solutions grown out of collaborative relationships with clients. Today, the same principle applies with corporate responsibility, stakeholder engagement and sustainability.” (PricewaterhouseCoopers)

“One of the most effective way of setting a tone of ethical behavior within an organization is to create an ethical code of conduct.” (Miller & Jenz, 2008, pg. 47) PriceWaterhouseCoopers have created a code of ethics for all of their people and firms, it is based on their values and it provides a “frame of reference for PwC firms to establish more specified supplements to address territorial issues.” PwC global ethics leader, Coenraad (“Coeni”) van Beek stated that their “code of conduct is an integral part of the way we work every day and in every corner or the world. The code doesn’t change the basic nature of the business we undertake, but instead it articulates the way we strive to...
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