Universe of Information
Stored in this Portal
Portal Library of
- Personal and professional goals achievement
- Improved personal leadership, including work / life balance
- Increased accountability and focus
- Improved self-awareness and perspective
- Growth in leadership competency and capacity
- Better systems for priority management
CODES OF CONDUCT AND ETHICS
Are nonprofit board members required to conduct themselves in any particular manner? Yes! Under well-established principles of nonprofit corporation law, a board member must meet certain standards of conduct and attention in carrying out his or her responsibilities to the organization. Several states, in fact, have statutes adopting some variation of these duties that would be used in court to determine whether a board member acted improperly. These standards are usually described as the duty of care, the duty of loyalty, and the duty of obedience.
The Role of Ethics in 21st Century Organizations
Business ethics is a highly discussed and debated subject in today’s corporate and business world, as well as in educational and academic circles. There are certain parameters, which influence the extensive level and degree to which ethics has been analyzed by scholars and researchers in recent years, such as globalization, technology, intangible assets, talent management. Meanwhile, organizations that are inclined in performing according to ethical standards, morals, and values, have recognized the importance and significance that ethical procedures and policies are communicated and practiced throughout the entire organization, while at the same time becoming a priority for the administration of the organization.
Comparing Nonprofit and Cooperative Entities
Nonprofit or cooperative? Questions about the differences between these two types of legal entities are often part of early cooperative development discussions
SELF-AUDIT OF COMMON STANDARDS
The nonprofit community in the United States is well established with commonly accepted practices and government required standards. Donors have come to expect certain behaviors from U.S. ministries, and generally assume that they can rely on organizations to conduct themselves in a predictably professional manner. Some of these expectations include corporate conduct such as: oversight by an active board, regular preparation of financial statements in a standard form, willingness to share financial and operational information, access to senior management, and the opportunity to inspect programs and performance.