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Valuing Corporate Values

| Friday May 27th, 2005 | 0 Comments

values_corp.jpgStrategy+Business has a long article for your weekend reading on companies’ increasingly common practice of expressing ethically based corporate values. It’s a great thing on paper, but how much of it is really taken seriously and where is it headed? And what are broad, ethically minded values statements really based on?
Booz Allen Hamilton and the Aspen Institute conducted an international study to find out. The results conclude that there is generally a very positive correlation between having clear ethical codes writen into a company’s mission statement and being successful. The key seems to be whether or not management takes it seriously.

Full article available here
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