Ethical Management

What is Ethical Management?

  • It signifies how the corporation should manage its businesses by following the values that should be respected in its relationship with shareholders, customers, outsourcing partners, employees and community, as its first priority.
  • Normally, companies take a passive interpretation of ethical management as simple avoidance from corruption. However, the ethical management, on global standard, should start from the clear understanding of the fact that transparent management and corporate trust are the key factors that guarantee the profits.
  • Ethical management should not be limited to the volunteering activities that successful businesses offer as means of social contribution, but it is the key factor of survival that all businesses, regardless of type , size or character, should accept for sustainable growth.
  • Ethical management can be successful when the trust is established among the employees, and between the organization and stakeholders. The very key to an ethical management is not limited to negative sides such as prohibition of corruption and anti-functional acts, but lies in promoting mutual trust.
  • With their increasing social influence, companies also now have more responsibilities for the protection and promotion of human rights.
  • KAC fully recognizes the influence of its business activities and importance of ethical and human rights management. Thus KAC has prepared a system to implement ethical and human rights management and promote mutual trust.

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