Nike code of ethics
Nike ethical issues 2018
These people are Nike employees. It is a serious violation of securities laws to buy or sell NIKE stock or securities of another company to which the information applies while in possession of material, non-public information. NIKE also recognizes the strategic value of the computing and information assets of others and will accordingly abide by software licenses for rights to use such assets. However the company for a long time has been in denial on the reality of existence of these practices. Let's see if we can help you! In such cases, they are counted as discrimination and harassment as long as they do not follow company policy. Nike is committed to using just means to compete with its rivals in the global market. This social responsibility is also expected of Nikes partners and other business associates. The law imposes severe criminal and civil penalties and fines for individuals who violate this law. The criminal penalties to you and NIKE for violating these laws are severe, particularly if a government official, political candidate, political party or international public organization is involved. All NIKE employees must comply with antitrust and competition laws throughout the world. Ask yourself: Is it legal? To effectively solve this problem, Nike is committed to making sure that its products are first tested for safety before they are released to the public. The Company shall provide for appropriate funding, as determined by the Committee, in its capacity as a committee of the Board, for payment of: Compensation to the independent auditors and any other public accounting firm engaged for the purpose of preparing or issuing an audit report or performing other audit, review or attest services for the Company; Compensation of any advisers employed by the Committee; and Ordinary administrative expenses of the Committee that are necessary or appropriate in carrying out its duties. This helps fulfill NIKEs responsibilities to the public, enhances our competitive position in the marketplace, and retains the confidence of our customers.
Please remember, expenditures for gifts and hospitality of any kind must be accurately reflected in accounting records, expense reports, and supporting documentation, including a clear description. Antitrust laws prohibit agreements or understandings among actual or potential competitors to fix or control prices, fix bids, allocate territories, or boycott specified suppliers or customers, or limit the production and sales of products.
Fraud can take many forms, but it always involves deceit. The program showed how workers in the factories were mistreated by the supervisors. In accordance with the U. It is a serious violation of securities laws to buy or sell NIKE stock or securities of another company to which the information applies while in possession of material, non-public information.
Such situations require that the company markets its products anywhere in the world. If your concern relates to an area other than finance, accounting, banking, competition, or anti-corruption, please report it to your local management team, local Legal or local Human Resources.
These products sometimes may not be safe for use by the customers and may jeopardize the health of its users. Among the reasons that the company used as their defense is that these companies are not run by Nike but other people who have been given the contract by Nike Van Tulder and Kolk, b If you are uncertain whether a gift or hospitality is within these guidelines, you should seek help from your manager or the Legal department.
based on 108 review