Question

In: Economics

Frank and Sammy are discussing the role of business ethics in running a casino Sammy does...

Frank and Sammy are discussing the role of business ethics in running a casino Sammy does not believe there is a rose for ethics because we are taught any early age they gave me is wrong. Therefore any order coming to the casino knows that the activity is wrong in those there is no need for casinos management to act ethically. As Frank how would you encounter Sammy statement

Solutions

Expert Solution

Ethical values are at the core of Casino Group’s strategy and development.

As a Group, we believe that acting with integrity, fairness and honesty is the key to lasting success.

On top of the 9 principles of the Ethics Charter, a Code of Ethics and Conductduring their daily activities.

Each staff member is expected to act in accordance with these rules and regulations, with loyalty and honesty as well as an exemplary professional behaviour.

The Group’s Ethics Committee, in charge of discussing and introducing ethical matters, ensures that these values are taken into consideration in all decisions by local managers. Its missions mainly consist in:

  • Defining the framework of ethical regulations and subsequent procedures,
  • Promoting, raising awareness and implementing ethical values within the Group, especially as regards the fight against corruption,
  • Ensuring the creation of a network of compliance officers within the Group,
  • Putting in place training initiatives and raising awareness thanks to the actions of operating bodies.

The Chief Compliance Officer, the network of compliance officers appointed by French entities, as well as the various Ethical Committees set up by foreign entities are active participants in this process.

Each staff member of the Group is expected to abide by the rules set out in the code of ethics and conduct


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