ethical-disclosures

Vocabulary Word

Definition

The term 'ethical-disclosures' means being open about stuff that people should know, especially stuff that might affect decisions or opinions. It's about being honest and fair.

Examples in Different Contexts

In corporate reporting, 'ethical disclosures' involve openly sharing information about conflicts of interest. A compliance officer might insist, 'Our annual report must include all ethical disclosures to ensure transparency with our shareholders.'

Practice Scenarios

Business

Scenario:

Our recent financial performance has raised some questions among the stakeholders. It's crucial that we address these concerns honestly and transparently.

Response:

Certainly, we must publish a detailed annual report to strengthen our ethical-disclosures.

Public-Policy

Scenario:

There are concerns regarding potential conflicts of interest within the council. It might be beneficial to create a more transparent policy.

Response:

Creating a transparency act that ensures ethical-disclosures from all council members would be a step in the right direction.