Code of Conduct and Corporate Governance

The code of conduct can be considered a tool of corporate governance because it identifies corporate responsibilities towards stakeholders and obliges top managers to comply with certain guidelines when exercising their authority, both inside and outside the company. The code of conduct encompasses a wide variety of subjects, because it addresses all the stakeholders who make up the operating scenario. Moreover, it is an expression of the corporate culture since it reveals how the rules of conduct towards the company’s interlocutors derive from cultural values and principles.