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Hyundai Corp. introduced Ethics Management at the beginning of year 2004, to build the basis for
survival on its own and to seek mutual benefit of all parties involved including customers and
business partners etc. by preventing moral hazard of the employees and implementing transparent,
responsible, and honest management.
The company organized its Ethics Management Office, with the Executive Director of the Corporate
Planning & Personnel Management Office serving as the Chief Ethics Officer, and also established the
Principles of Business Conduct, the Code of Conduct, and the Self-Review Questionnaire.
The Questionnaire pops up from the initial windows screen every day during the first week of any
month when the employees check in to the intranet system, to remind them of and draw their
voluntary participation to the idea and pursuit of Ethics Management in practice.
Special training and educational sessions on best practices of ethical management from leading
corporations and institutions will be presented regularly to the staff.
All the members of the company have submitted his or her own pledge of compliance to the various
ethics codes, and those in violation will be subject to discipline by the Human Resources
Committee following due examination by the Ethics Management Office.
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| Principles of Business Conduct |
Basic principles relating to ethics management |
| 1. Principles of behavior |
| Basic Ethics, Mission Accomplishment, Transparent Management, Drawing the line between corporate & private affairs, Sound behaviors, Promotion of pleasant workplace environment |
2. Responsibility & duty of the company |
| to the customers, shareholders, employees, business partners, competitors, and the community |
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| Code of Conduct |
Practicing policy of ethics management |
1. Business Development
2. Management of Accounts Receivable
3. Time Management
4. Expense Management
5. Relationship with Customers
6. Relationship between employees
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| Self-Review Questionnaire |
Self-review questionnaire to remind all the directors, officers & employees of Ethics Management |
7 Self-review questions |
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