Corporate Ethics Report Card:
Wal-Mart
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|Tools of Organizational Design – Structure & Systems |Yes/No/Date/$ |
| |No info/Comments |
| | |
|Management Practices & Consumer Relations | |
|Code of Ethics |Yes; outlined in the “Wal-Mart Statement of Ethics” |
|Code Updated Within Last Five Years |Yes; last revision of the “Wal-Mart Statement of Ethics” |
| |occurred January 1, 2005 |
|Annual Sign-Off |No; last signing of the Wal-Mart |
| |Code of Ethics was when the code |
| |was last revised (2005) |
|Mission Statement |Yes |
|List of Values |Yes; Wal-Mart’s statement of ethics has three main |
| |beliefs; respect for the individual, service to customers |
| |and the strive for excellence, as well as ten core values,|
| |including, “be honest and fair, never discriminate
Bibliography: Bird, Frederick and Jeffery Gandz. (1991). “Designing Ethically Responsible Organizations”. In Good Management: Business Ethics in Action. Scarborough, ON: Prentice-Hall Canada Inc. Murphy, Patrick E. (2006). “Creating Ethical Corporate Structures”. In Business Ethics; People, Profit, and the Planet. Kevin Gibson. Toronto, ON: McGraw Hill. Schwartz, Mark. (2002). “A Code of Ethics for Corporate Code of Ethics”. Journal of Business Ethics; Nov/Dec; 41.