Essay Inquiry in to Shell Companys Code of Ethics

Inquiry into Shell Company’s Code of Ethics PHL 323 – Introduction to Business Ethics Christine Morrow September 9, 2012 Sabrina Hunter Your title page is missing a Running head. Your headers are listed incorrectly. All text should be in Times New Roman, 12 point font. See APA Title page template in the Course Materials folder. Make corrections going forward. Inquiry into Shell Company’s Code of Ethics Intended Persons and Specific Purposes Shell Company Code of Ethics Was Intended For Intended Purposes This particular company’s code of ethics was created for a couple of very specific reasons, and is intended to be adhered by specific individuals that are actually listed by position or job title in the document itself. According†¦show more content†¦The second new type of disclosure the Act states is â€Å"whether or not the company adopted a code of ethics that applies to principal executive officer, principal financial officer, principal accounting officer or controller, and persons performing similar functions† (U.S. Securities and Exchange Commission, 2003). This paper does not require information on the Sarbanes Oxley Act. Listing Requirements for New York Stock Exchange The next item the Shell Company Code of Ethics refers to is the listing requirements for the New York Stock Exchange. The listing requirements for the N.Y. Stock Exchange are as follows according to the U.S. Securities and Exchange Commission: â€Å"the initial listing requirements mandate that a company meet specified minimum thresholds for the number of publicly traded shares, total market value, stock price, and number of shareholders. After a company starts trading, it must continue to meet different standards set by the exchanges. Otherwise, the company can be delisted (2003). These brief descriptions of the two stated documents will help the reader better understand what specific purposes the Shell Company Code of Ethics were intended for. This paper does not require Listing Requirements for the NYSE. Shell Company’s Ethical System Virtue Ethical System For all informational purposes, I will start out by stating that Shell Company’s ethical system is one of virtue. According to the â€Å"University of Phoenix Material titled Introduction toShow MoreRelatedOrganizational Ethics934 Words   |  4 PagesWeek Three Managerial Ethics †¢ Identify typical ethical problems of managers. †¢ Recognize differences in ethical behavior and responsibility between an employee and a manager. Course Assignments 4. Readings †¢ Read Ch. 6 7 of Managing Business Ethics. †¢ Read this week’s Electronic Reserve Readings. 5. 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