“Integrity is not something a person “has”, and it is not a particular act or activity that one does (or does not do). Whereas a single action may betray the lack of integrity, there is no single action that will definitively establish a person’s integrity.” A person with integrity wants to do something because it is the right thing to do whether or not anyone is watching. Practicing and …show more content…
“Corporate governance is the formal system of oversight, accountability, and control of organizational decisions and resources. Oversight relates to a system of checks and balances that limit employees’ and managers’ opportunities to deviate from policies and codes of conduct. Accountability relates to how well the content of workplace decisions is aligned with a firm’s stated strategic direction. Control involves the process of auditing and improving organizational decisions and actions.” Many integrity initiatives have structural features common to compliance-based initiatives: a code of conduct, training in relevant areas of law, mechanisms for reporting and investigating potential misconduct, and audits and controls to ensure that laws and company standards are being met.
A business company should have ethical and legal obligations of the directors and officers for the purpose of the business. Directors of Wells Fargo should be guided by ethical values to oversight for the corporate ethics, which is to increase their competence in a business world. Effective corporate governance creates compliance and values so that employees feel that integrity is at the core of …show more content…
Having integrity will guide managers and employees to make right decisions in handling problems within the company. Dishonesty may provide instant enjoyment at the moment by giving quick power and satisfaction. But unfortunately, the dishonesty tells lack of integrity of someone. Having integrity will also make someone being trustworthy. The value of being trusted by others is beyond anything than someone can imagine. It may give many possibilities and unexpected opportunities which lead to success. Typically, integrity does not guarantee success, but it can guarantee there can be no success without