CAT / FIA FBT Syllabus F. Professional Ethics In Accounting And Business - Definition - Notes ^{1 / 3}

Corporate code of ethics are designed to provide guidance about the conduct expected by members in order that the services offered will be of acceptable quality and the reputation of the company will not be violated.

To be effective, codes of conduct need to blend fundamental principles with a limited number of specific rules.  

If a code were drafted to cover all possible problems, it would be extremely voluminous.

Corporate codes of conduct are completely voluntary. 

They can take a number of formats and address any issue - workplace issues and workers' rights being just one possible category. 

Also, their implementation depends totally on the company concerned.