AIG Code of EthicsThe code of ethics represents American International Group, Inc, AIG's commitment to do business with the highest ethical standards in accordance to all laws, rules and regulations in all countries which are represented by AIG (American International Group, 2008). AIG's code of ethics involves all staff members be honest and show candid conduct. This requires an act of integrity as well. AIG's code does not accept conflict of interest, which means an individual's private interest must not interfere with the interest of the company. The company also expresses corporate opportunities and confidentiality in the code of conduct with corporate opportunities AIG's code of conduct explains directors and other staff members owe the duty to AIG to advance if an opportunity may arise. If AIG is offered an opportunity from a third party business, an employee cannot accept an opportunity from that third party business until AIG refuses (American International Group, 2008).
AIG's policy is expected to comply with all laws, rules, and regulations in any country that the company does business.
TrainingCompliance Training is also required for all employees to complete. AIG encourages their employees to uphold the highest ethical standards. Another training program is required for all managers, supervisors, and leaders called leadership and management training. This training consists of course, such as Equal Employment Opportunities, harassment prevention and workplace violence awareness. These training programs help to advance leaders as well as future leaders, allowing an organization to expand (American International Group, 2008).
MonitoringAIG believes in progress and satisfaction. That is why the company stands behind their vision "To be the world's first choice provider of insurance and financial services. We will create unmatched value for our customers, colleagues, business partners, and shareholders, as we contribute to the growth of sustainable, prosperous communities" (American International...