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Professional ethics encompass the personal and corporate standards of behavior expected of professionals. [1] The word professionalism originally applied to vows of a religious order. By no later than the year 1675, the term had seen secular application and was applied to the three learned professions: divinity, law, and medicine. [2]
At the time, the Committee suggested "that the subject of professional ethics be taught in all law schools, and that all candidates for admission to the Bar be examined thereon." Lewis F. Powell, Jr. , then-President of the ABA (and later an Associate Justice on the U.S. Supreme Court ), in 1964 asked that a Special Committee be formed to ...
Articles of association are critical documents to corporate operations, as they may regulate both internal and external affairs. [1] Articles of incorporation, also referred to as the certificate of incorporation or the corporate charter, is a document or charter that establishes the existence of a corporation in the United States and Canada.
Professional ethics concerns the moral issues that arise because of the concerns of specialist knowledge that professionals attain, and how the use of this knowledge should be governed when providing a service to the public. (Ruth Chadwick (1998). Professional Ethics. In E. Craig (Ed.), Routledge Encyclopedia of Philosophy. London: Routledge.
Joseph Edmund Sterrett outlined the debate and issues in setting up a Code of Professional Conduct in his address to the annual meeting of the American Association of Public Accountants in 1907 [2] The earliest "official" version of the code of professional conduct among American accountants was issued by the American Institute of Accountants on April 9, 1917.
Professional responsibility is a set of duties within the concept of professional ethics for those who exercise a unique set of knowledge and skill as professionals. [ 1 ] Professional responsibility applies to those professionals making judgments, applying their unique skills , and reaching informed decisions for, or on behalf, of others, as ...
According to the article "Indian Philosophy and Business Ethics: A Review", by Chandrani Chattopadyay, Hindus follow "Dharma" as Business Ethics and unethical business practices are termed "Adharma". Businessmen are supposed to maintain steady-mindedness, self-purification, non-violence, concentration, clarity and control over senses.
Professional conduct is the field of regulation of members of professional bodies, either acting under statutory or contractual powers. [ 1 ] Historically, professional conduct was wholly undertaken by the private professional bodies, the sole legal authority for which was of a contractual nature.