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It is divided into three sections, and is underpinned by the five fundamental principles of Integrity, Objectivity, Professional competence and due care, Confidentiality, and Professional behaviour.
These values can provide a framework for any boards code of ethics: Selflessness. Board members should make decisions in terms of the public interest. Integrity. Objectivity. Accountability. Honesty. Leadership.
What are the five codes of ethics? Integrity. Objectivity. Professional competence. Confidentiality. Professional behavior.
Nonprofit Boards: 7 Key Responsibilities for Good Governance Ensure Effective Organizational Planning. Provide Sufficient Resources. Make Sure the Organization Fulfills Legal Obligations. Provide Proper Financial Oversight. Select and Evaluate the Executive Director. Improve the Organizations Public Standing.
The following broad ethical principles are based on social works core values of service, social justice, dignity and worth of the person, importance of human relationships, integrity, and competence.
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Just as for any corporation, the board of directors of a nonprofit has three primary legal duties known as the duty of care, duty of loyalty, and duty of obedience.
The following broad ethical principles are based on social works core values of service, social justice, dignity and worth of the person, importance of human relationships, integrity, and competence.
Board directors are not allowed to put their own personal interests above the interests of the organization when they are conducting business. Board directors are held to a higher standard of behavior because they hold a position of greater responsibility.
Employees make better decisions in less time when business ethics are a guiding principle. This increases productivity and overall employee morale. When employees work in a way that is based on honesty and integrity, the whole organization benefits.
One of the boards foremost responsibilities is to secure adequate resources for the organization to fulfill its mission. Protect assets and provide proper financial oversight. The board must assist in developing the annual budget and ensuring that proper financial controls are in place.

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