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Code of ethics Why are they important? YourMembership . A code of ethics or code of conduct is a written collection of the rules, principles, values, and employee expectations, behavior, and relationships that an organization considers significant. A company code of conduct is a set of rules which is commonly written for employees of a company, which protects the business and. The Importance of Codes of Ethics Examination of the Need of Business Ethics and the Efficient from www.weltbild.de Omissions, substandard of care and. A code of ethics is a controller of principles meant to help experts conduct business truthfully and with veracity. 2 days agoa legally enforceable code of conduct sets out the standards of behaviour expected of those working in the public service.