What Is McDonald’s Code of Ethics?
McDonald’s code of ethics is to conduct business ethically and within the letter and spirit of the law, according to the company’s website. The McDonald’s Corporation as a whole, from employees to the Board of Directors, is expected to abide by McDonald’s values as stated in the company’s written standards of conduct. These values include the commitment to be ethical, truthful and dependable.
The Standards of Business Conduct document, which is posted on the McDonald’s website, serves as a guide to help employees make good decisions and conduct business ethically. Each year, McDonald’s employees are required to certify that they will abide by the Standards of Business Conduct. Employees also receive regular training on business conduct standards, anti-bribery laws, other laws pertinent to their job functions, government regulations and company policies. McDonald’s employees working overseas are trained on the Foreign Corrupt Practices Act, or “FCPA”. The FCPA prohibits improper payments to a government official. Mcdonald’s also has its own internal Global Anti-Corruption Policy. The Board of Directors is required to abide by the Director Code of Conduct, which is also posted on the companies’ website. This policy requires Directors to act in the interest of the shareholders, deal honestly and fairly and comply with all laws. McDonald’s suppliers are also expected to abide by a supplier’s code of conduct.