In: Economics
Before discussing the ethics of Naiper let's have a brief look to understand the concept of Naiper company. Naiper is a healthcare information technology company.it was established in 1998.Its headquarters is in Singapore and development centre in India Hyderabad. Naiper has its business links in many countries like India, Sudi Arabia, China, Japan etc
As for as the ethe ethics of Naiper company is concerned, every organization must follow a Code of Ethics, that dictate its operations and functions as well as how should it be treating and behaving with its stakeholders. This code must be conforming to the industry standards and the organization must be sure to keep adhering to them.
Naiperenvironmental Technologies Inc. Develops alternatives to hazardous chemicals used in the industry that is environmentally friendly. The Company conducts researches, develops, and markets a range of de-coating chemicals, including several series of environmentally safe paint strippers. Napier's products are for use in the marine, aviation, construction, and other industries.
The Code of Ethics is not an exhaustive list of unacceptable behaviour; rather it is intended to guide decisions so that they are consistent with Napier Port’s values,goals and legal obligations.such as:
Directors and employees will familiarise themselves with Napier
Port’s policies and
are expected to comply with all relevant policies, procedures and
frameworks at all
times.
They are expected to abide by the laws, rules and regulations
of
any country.
They will comply with all statutory and disclosure
requirements
on a timely basis.
Conduct
The conduct of directors and employees, whether to customers,
suppliers or
competitors, can impact on the way external parties view Napier
Port.
Directors are expected to set an example and to act in
accordance with the highest
standards of conduct. Acts of serious misconduct will result in
dismissal.
They are expected to conduct themselves in accordance with
Napier Port’s Values. Any acts of serious misconduct by employees
could lead to
disciplinary action including dismissal. Examples of misconduct
that could result in
dismissal are outlined in the Employee Information Handbook. The
Handbook list is
not exhaustive, and any other offence, which is not specifically
covered by the list,
but which is of similar nature, may be considered to be serious
misconduct if the
offence undermines the trust and confidence of the Company.
They must not seek or accept any type of compensation,
fee,
commission or gifts which might compromise their integrity or which
might place the
They are under a perceived or real obligation to a third party,
now or in
the future. If a director or employee is unsure or in any doubt as
to the nature of the
item (gift) he or she should seek clarification from the Chairman
or Chief Executive
as appropriate. Failure to disclose a perceived obligation to a
third party could lead
to disciplinary action.
They may only act within the powers delegated to them and at
all times in compliance with Napier Port’s Delegation of Authority
Policy.
They must fully co-operate with both internal and external
auditors of Napier Port and must not mislead or conceal any
relevant information
from those auditors.
They must not disclose any confidential information about
Napier Port or in the possession of Napier Port to any person
unless authorised by
Napier Port to do so. Napier Port’s confidential information will
generally not be
disclosed to any person who is not a director or employee, unless
that person has
entered into a confidentiality agreement.
Moreover the code of Business ethics characterizes the moral conduct of Napier Environmental Technologies Inc. in managing partners. It was created to assist representatives with making the correct business choices, steady with Napier estimations of uprightness, association and improvement, and to carry on in a way that reflects high moral standers. The code of ethics includes doing what is right, respecting the rights of others, obeying the law, Maintaining the integrity and confidentiality of information, avoiding conflicts of interest and conducting ourselves appropriately. This business principle applies to all employees, directors and officers regardless of their position in the organization. The principles in this policy help the company to make ethical business decisions and to gain their corporate goals.