| Business Ethics Index
Colorado Ethics in Business Alliance (CEBA) has initiated a process leading to the development of an annual comparative index that reflects the changes in Colorado business ethics from one year to another. A Task Force (TF) authorized by the CEBA Board of Directors carries out this effort. The TF periodically reports to the Board to seek guidance relative to definitions and appropriate criteria. The TF is supported by Mountain States Employers Council in carrying out this effort.
The Index will include hard data measurements of criteria that describe business ethics in the state such as changes in complaints from the Better Business Bureau, various agencies with oversight of banking, insurance, professional licensing and others. This hard data will then be coupled with results from an in-depth telephone survey. Information from a statistically appropriate random sampling will include opinions of the level of business ethics during a given year. Also, the survey will provide other specific information to facilitate subsequent analysis as to what business sectors may be affecting any change. A dialogue between the TF and the Ethics Resource Center (ERC) is ongoing relative to the possibility of a shared information base. ERC conducts a biennial national business ethics survey.
In order to start with a common definition, the Board approved the following definition of business ethics: Business ethics goes beyond the law by practicing principles of honesty, integrity and trust while serving the best interests of all. The cumulative basic data will be combined mathematically to result in an index that can be replicated and compared in future years. The goal is to report the initial index at the annual awards luncheon banquet in March of 2009. |
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