Ethics has a quantifiable cost and produces value
Continuous collaboration between enforcement institutions, judicial bodies and local public institutions is needed to update scores
4' min read
4' min read
Ethics certification is now a key issue worldwide and being able to meet precise, measurable and documentable standards becomes indispensable for global competition.
Like all means of production, ethics also has a cost, which must be quantifiable ex ante and must be capable of producing value. If, in fact, the ethical quality of the entrepreneur, as Man, should be able to morally disregard the measurable and speculative aspects, from a corporate point of view this quality can only be interpreted as a distinctive competence of the corporate structure.
In this sense, certainly, the concept of ethicality cannot be trivialised in mere compliance with the law. What we are talking about is, in fact, the basis of a strong corporate culture, which becomes a bonding instrument for the entire system of the company's social stakeholders.
The most obvious observation is that, since the law should represent the ethical sentiment of a nation, certainly, the ethical rating should, first of all, acknowledge a company's compliance with the law. There are, however, those who fail to see that mere compliance with regulatory provisions can certainly not be the sole pillar on which the definition of business ethics hinges, this being an aspect that, in a modern society, should be a prerequisite for general coexistence
Some figures already exist to certify, at least in some particular sectors, that an entrepreneur's behaviour complies with the rules, just think of the white lists, held at the prefectures, to which companies, operating in particular sectors, must register in order to be able to operate, or other instruments for certifying honourability and ongoing proceedings. The use of these instruments, necessary, with a view to a timely assessment, runs the risk of creating real distortions in the system, given the fact that, in a state of law, until a final judgement, strictly speaking, no one should ever be considered guilty, and above all never an entrepreneur, in order not to impose, without reason, a penalty, that of the loss of company value, which would risk damaging not only those who are subjected, but also all shareholders and stakeholders.

