Improving Ethics Essay
Annmarie Klontz
BUS4070 – Foundations in Finance
Fundamentals in Financial Management
Section 2; u10a2 Assignment
Capella University
June 12, 2014

Corporate governance is the rules, and laws; which businesses, have to follow and are operated, and regulated by. Implementing these rules and laws are also very important, as well as, having them written down and enforced. Ethics is a subject that should be discussed with employees, business partners, and even the stakeholders. Corporate governance, which is also known as corporate responsibility, made me think about the policies in which most companies have. When I worked for a military base, as an assistant manager, one of the departments that I was in charge of was the offices for the clubs.
My main duty was making sure that all the monies were accounted for right down to the penny. I was also in charge of banquet functions, the registers for both clubs, banquet hall, and 4 other departments. The main thing here was to strive to maintain a commitment to maintain the highest level of ethical standards, embrace diversity and maintain a high level of honesty and integrity; this also meant taking responsibility for the quality, customer satisfaction, demonstrating leadership as a manager for the facility.
There were constant training programs and ethics training meeting that were held and had to be completed every year. I believe this was key in our success when we won the highest honor that could be bestowed on our department; The LeMay award. With that being said corporate governance also views how a company handles itself in its involvement with stakeholders. It’s important that companies are honest with its stakeholders so that they are not being misled in any way.
Some tools a company can use are the GAMMA score and ISS. The GAMMA is a tool to analyze a company to make sure it