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MALAYSIAN BUSINESS CODE OF ETHIC - Coggle Diagram
MALAYSIAN BUSINESS
CODE OF ETHIC
Principle 6
:
Intellectual Property Protection
respect and protect intellectual property rights and take appropriate measures.
not use, copy, or plagiaries without the consent of the registered owner
try to register to obtain exclusive rights order to take action against any infringement or imitation
Principle 10
:
Reporting of Misconduct and Violation of the Code of Business Ethics
encourage
employees, customers, and the public
to report any wrongdoing and violation
of any provision of the Code of Business Ethics
provide a secure channel
to report with confidence without the risk of reaction.
Principle 8
:
Environment
ensure the supply of products and services delivered and disposed of in a way that responsible for the environment
use the facilities responsibly and efficiently
dispose of the waste in the right way, and if necessary, use recycling facilities
Principle 1
:
Competition
open and fair competition
to achieve
higher efficiency
creating competitive
choice and price
ethically run
Company / business
will not
:
engage in any conduct or agreements
that prevent or restrict competition
abuse significant market power which
can be harmful to consumers or competitors
Principle 3
:
Asset Management
the use in
accordance
with the instructions
ensure that the
maintained
in accordance with specified
requirements and instructions
ensure that all licenses, approvals and the necessary insurance policies are
valid and up to date
employees’ accommodation and facilities in
good condition and can be used
ensure the
care and safety
of assets accordingly.
Principle 7
:
Declaration of interest
Each individual must
make a declaration of their interest
and
withdraw from any decision-making process
if it can
benefit themselves
or a family member or any such tendency
Principle 2
:
Prohibition of Giving and
Receiving Kickbacks Bribes
not tolerate any form of corruption and any form of fraud and misappropriation.
not permitted to request, accept, offer or promise any gift or consideration that could be construed as bribery/corruption.
not offer, promise, or solicits to give or accept
any kind of benefit
either directly or indirectly, which could serve
as
an inducement to influence a decision
.
right intentions and the right to contribute to CSR
ensure that suppliers and business partners are informed about the stand on corruption and encouragement.
Principle 9
:
Occupational Safety and Health of Dealers and Employees
provide a safe and healthy working environment for workers
ensure workers are not exposed to the risk of illness and accidents.
Principle 4
:
Resource Management
manage resources
responsibly and transparently
prudent use of financial resources and other resources
record keeping and updates of proper accounting
ethical conduct in all financial transactions
updated inventory
clear procurement procedures
clear procedure for the recovery of debts
audit done regularly by qualified accountant
mutual respect with stakeholder
will not
buy or trade from
dubious
sources
allow the resources to be
used for unlawful or unethical
purpose.
Principle 5
:
Advertising and
Promotion
accurately promote productions
integrity and transparency in advertising, publicity and promotion activities
avoid the use of images or language that may hurt to others and the country.