Aflac Inc Coursework Example

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Category:
Economics
Level:
PhD
Type:
MBA
Pages:
4
Words:
1100
Name Professor Title Date Introduction Aflac Inc. is amongst the most notable organizations globally. The business holding company incorporated in 1973 undertakes activities involving life insurance and supplemental health. These are programs administered and marketed by the American Family Life Assurance Company of Columbus (Aflac), its subsidiary (Aflac.com). As an insurance business, its activities are spread in Japan and the US. The firm is one of the top voluntary insurers at workplaces in the US. As such, it has been the recipient of several awards. These commendations are also brought about by the fact that it is dedicated environmental sustainability, workforce diversity, ethics, governance and philanthropy (Sabharwal, 198). In the year 2007, Aflac Inc. was the recipient of the World’s Most Ethical Companies for an eleventh time consecutively. This makes it the only insurance-related firm to receive such an award since the launch back in 2007 (Aflac.com). The organization has managed to find and adopt an association between enhanced financial performance and commercial, ethical operations. In regard to this, Aflac Inc. makes utility of ethical means as a way of furthering its industrial leadership. The executives at the firm posit that an establishment of an ethical culture involves more than merely the corporate social responsibility (CSR) undertaken by other firms. This is an undertaking that requires stakeholder participation creating a collaborative effort amongst the employees, clients, management and the shareholders. As such, the organization tends towards keenness in ensuring that an ethical culture is created and supported. This is on top of the key roles played by CSR in the market dynamics. In any business organization, ethics play a major role (Sabharwal, 199). The code of ethics emphasizing values such as honesty, respect, teamwork, and responsibility is one of the essential policies at Aflac. The staff at this firm is perpetually en...
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