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Article: The Baltimore Sun Jay Hancock Column.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- March 24, 2004
CopyrightCOPYRIGHT 2004 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Jay Hancock, The Baltimore Sun Knight Ridder/Tribune Business News
Mar. 24--Mercantile Bankshares Corp.'s revised conduct code, adopted by the company's board March 9, directs employees approaching the ethics border to ask some questions:
"Can I defend my action with a clear conscience?"
"Are my actions honest in every respect?"
And, the biggest test: "Would I be proud to read about my action in the newspaper?"
Two days after certifying the manifesto, Mercantile bosses got an outside tip about a questionable payment to the mother of a Mercantile senior vice president. A week after that, two top executives were fired ...