RVR COB Code of Ethics
for Business
and
Integral Human
Development
Dr. Benito L. Teehankee
Management and Organization Department
The Rationale for the
RVR-COB Code of Ethics for Business
FAITH-BASED
NATIONAL
GLOBAL
Catholic Social Principles
Human dignity and the Common Good
National Social and
Economics Issues
Global Social,
Environmental and
Environmental Issues
Lasallian Guiding Principles
Philippine Constitution
DLSU Vision-Mission
RVR-COB Vision Mission
Code of Corporate
Governance
UN Millennium
Development Goals (MDGs)
UN Global Compact
Expected Lasallian
Graduate Attributes
RVR-COB Code of Ethics
for Business
Approved in COC 2nd Term 13-14
UN Principles for
Responsible Management
Education (PRiME)
The Code of Ethics for Business
As a business leader I recognize my
role in society.
• My purpose is to lead people and manage
resources to promote human development
and the common good and to create value
that no single individual can create alone.
• My decisions affect the well-being of
individuals inside and outside my enterprise,
today and tomorrow.
Integral Human Development
Spiritual
Cognitive
Social
Bodily
Emotional Aesthetic
Moral
How Businesses Impact Human Development
Spiritual: Purpose
and meaning
Ethical: Morality
of doing the right
thing
Social: Social
connection
Aesthetic: Experience
of Craft and Beauty
Emotional:
Temperance in
feelings
Bodily:
Health
Material
Goods
Cognitive:
Higher use
of mind
How business supports
human development
• Material goods – provisioning people and their families with
the means for survival (i.e., food, shelter, clothing, rest, health
care, mobility) and further development (i.e., cultural
enjoyment, life-long learning, etc.)
• Bodily development – protecting people’s health and
respecting their overall, physical well-being.
• Cognitive development – enabling the development and
contribution of people’s talents, skills and reasoning;
cultivating their understanding of their life and work;
contributing their mental gifts for reason and creativity to
solve problems; ensuring mental health
Adapted from Alford and Naughton
Managing as if faith mattered
How business supports
human development
• Emotional development – Developing people’s courage to
take initiative without fear of reprisal; exercising
responsibility and accepting accountability for actions and
work; being attuned to their own feelings and those of others;
enhancing mental health
• Aesthetic development – Developing people’s craftsmanship
and life experiences with an eye for beauty, elegance and
harmony with nature; enabling people to serve and deliver
work in ways that honor the human dignity of both the
provider and the receiver.
Adapted from Alford and Naughton
Managing as if faith mattered
How business supports
human development
• Social development – Developing fraternal relationships
among people; Developing people’s social conscience;
Supporting initiatives in the direction of service to the wider
community.
• Moral development – Developing greater discernment of the
moral soundness among people of their actions; developing
relationships which demonstrate respect for the human
dignity of all.
• Spiritual development – Helping people understand their
work as a calling or vocation, and valued as collaboration with
others, for a higher purpose and for the good of one’s fellow
human beings.
From Alford and Naughton
Managing as if faith mattered
RVR COB Code of Ethics
for Business
As a Lasallian business leader I recognize my
role in society.
• My purpose is to lead people and manage
resources to promote human development
and the common good and to create value
that no single individual can create alone.
• My decisions affect the well-being of
individuals inside and outside my enterprise,
today and tomorrow.
The Code of Ethics for Business
Therefore, as a Lasallian business leader, I promise that:
1. [AVOID CONFLICTS OF INTEREST] I will manage with
loyalty and care, and will not advance my personal
interests at the expense of my enterprise or society.
2. [OFFER GOOD GOODS] I will promote socially useful
products and services which serve human
development, keeping in mind reasonable access
for the poor and underprivileged.
The Code of Ethics for Business
3. [ABIDE BY THE LAW] I will understand and uphold,
in letter and spirit, the laws and contracts governing
my conduct and that of my enterprise.
4. [AVOID CORRUPTION] I will refrain
from corruption, unfair competition,
or business practices harmful to
society.
5. [RESPECT THE DIGNITY OF PEOPLE] I will respect the
human rights and dignity of all people affected by
my enterprise, and I will oppose discrimination and
exploitation.
The Code of Ethics for Business
6. [HUMANE WORKPLACE] I will promote a humane and
enabling work community within my organization.
7. [SHARED PROSPERITY] I will promote the just allocation
of resources for all stakeholders of the company.
8. [CARE FOR THE ENVIRONMENT]
I will respect the right of future
generations to advance their
standard of living and enjoy a
healthy planet.
The Code of Ethics for Business
9. [TRANSPARENCY & ACCOUNTABILITY]
I will report the performance and risks
of my enterprise accurately and
honestly.
10. [PROFESSIONAL DEVELOPMENT] I will invest in
developing myself and others, helping the management
profession continue to advance and create sustainable
and inclusive prosperity.
In exercising my professional duties according to these
principles, I recognize that my behavior must set an
example of integrity, eliciting trust and esteem from those I
serve. I will remain accountable to my peers and to society
for my actions and for upholding these standards.
The Sustainable Business: Engine for Spreading Benefits for
Stakeholders for Human and National Development
Note: Refer to SEC CCG for One-person Corporation
Government
Investors
Capital
commitment
Value through
products and
services
Creditors
Funds
Fair &
attractive
returns
Taxes for infra and govt services,
compliance &
Legal license,
cooperation
infrastructure
support
& law enforcement
Repayment
& returns
Oversight
Board
Performance
accountability
Value creating products
& services for human
Customers
development
Managers
Suppliers
Purchase &
patronage
Employees
Fair
Work community meeting
compensation
and development human development needs of members
while innovating and serving
support
customers
Company
Renewal
Environment
Trustworthy
service &
behavior
Resources
Trust
Sustenance
Renewal
Community &
Society
Current
Future
Unsustainable business biases at the
expense of other stakeholders
Government
Investors
Capital
commitment
Value through
products and
services
Creditors
Funds
Fair &
attractive
returns
Oversight
Legal license,
infrastructure
support
& law enforcement
Board
Performance
accountability
Managers
Suppliers
Fair
compensation
and development
support
Taxes,
compliance &
cooperation
Repayment
& returns
Value creating products
& services for human
development
Customers
Purchase &
patronage
Provide better products
Work community meeting
Trustworthy
services
humanand
development
needs of faster -- cheaplyCommunity &
service &
members while innovating and
Society
behavior
serving customers
Employees
Company
Renewal
Environment
Resources
Trust
Sustenance
Renewal
Current
Future
Some Ethical Violations Against Stakeholders
Government
Investors
Capital
commitment
Creditors
Funds
MisuseFairof&funds and
Repayment
attractive
lack ofreturns
transparency & returns
Value through
products and
services
Oversight
Board
Performance
accountability
Managers
Suppliers
Delayed payments
Fair
compensation
and development
support
Taxes,
compliance
&
Tax Evasion
Legal license,
cooperation
infrastructure
support
& law enforcement
Employees
No job
security;
Work community meeting
pay
humanUnjust
development
needs of
members
Company
Renewal
Environment
Waste dumping
Value creating products
& services for human
Customers
development
Unsafe or unhealthy
Purchase &
products/services
patronage
Trustworthy
Community &
service &
Society
behavior
Indecent and false
Resources
advertising
Trust
Sustenance
Renewal
Current
Future
Some Ethical Violations Against Stakeholders
Government
Investors
Capital
commitment
Value through
products and
services
Creditors
Funds
Fair &
attractive
returns
Oversight
Managers
Value creating products
& services for human
Customers
development
Purchase &
patronage
Employees
Work community meeting
human development needs of
members
Company
Renewal
Environment
Legal license,
infrastructure
support
& law enforcement
Board
Performance
accountability
Suppliers
Fair
compensation
and development
support
Taxes,
compliance &
cooperation
Repayment
& returns
Unsafe or unhealthy
Trustworthy
Community &
service & products/services
Society
behavior
Resources
Trust
Sustenance
Renewal
Waste dumping
Current
Future
Some Ethical Violations Against Stakeholders
Government
Investors
Capital
commitment
Creditors
Funds
Fair &
Repayment
attractive
Misuse
of
funds
and
& returns
returns
Taxes,
compliance &
cooperation
lack of transparency
Value through
products and
services
Oversight
Board
Performance
accountability
Managers
Suppliers
Fair
compensation
and development
support
Value creating products
& services for human
Customers
development
Purchase &
patronage
Employees
Work community meeting
human development needs of
members
Company
Renewal
Environment
Legal license,
infrastructure
support
& law enforcement
Trustworthy
service &
behavior
Resources
Trust
Sustenance
Renewal
Community &
Society
Current
Future
Some Ethical Violations Against Stakeholders
Government
Investors
Capital
commitment
Value through
products and
services
Creditors
Funds
Fair &
attractive
returns
Oversight
Managers
Value creating products
& services for human
Customers
development
No job security;
Employees
Unjust
pay
Work community meeting
human development needs of
members
Company
Renewal
Environment
Legal license,
infrastructure
support
& law enforcement
Board
Performance
accountability
Suppliers
Fair
compensation
and development
support
Taxes,
compliance &
cooperation
Repayment
& returns
Purchase &
patronage
Trustworthy
service &
behavior
Resources
Trust
Sustenance
Renewal
Community &
Society
Current
Future
Philippine Poverty
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