HONG KONG'S top anti-corruption watchdog hopes delegates will adopt its recommendations on corporate codes of conduct when drawing up guidelines on principled practices at today's business ethic conference.
The Independent Commission Against Corruption (ICAC) will be piloting its Corporate Code of Conduct to delegates as an example of the guidelines a company could apply to its business activities.
Sandra Mak, regional officer at the ICAC and secretary to the conference organising committee, said the ICAC hoped the Corporate Code of Conduct would be applied to whole industrial sectors, as well as to individual companies.
Ms Mak said the Corporate Code of Conduct was published in March and had been presented to a number of companies for their comments.
She said: ''We are hoping new ideas and fresh points of view will be put forward by delegates at the conference, which will be incorporated in the Corporate Code of Conduct. '' After the conference, ICAC personnel will visit all the firms and industry associations which have participated to ask them for their views on the commission's document.
She said the idea for a firm to have a code of conduct was relatively new to Hong Kong, but was already in vogue in the United States where the ICAC had consulted a number of American firms to help it draw up its own document.