The “The Institute of Chartered Professional Managers of Sri Lanka (CPM SRI LANKA) Code of Ethics” sets forth principles that underlie the professional responsibilities and conduct of the CPM SRI LANKA’s membership and enforced ethical standards that apply to members in official CPM SRI LANKA roles and to those participating in CPM SRI LANKA-sponsored activities.1 The principles are guidelines for everyday professional activities. They constitute normative statements for academicians, researchers, and managers and provide guidance on issues that CPM SRI LANKA members may encounter in their professional work. The enforced ethical standards are standards that individuals must adhere to when participating in and carrying out the work of The Institute of Chartered Professional Managers of Sri Lanka. Although not enforced outside of the Institute, these standards may also be viewed as guides for positive professional practice. Non-members who participate in CPM SRI LANKA activities also agree to adhere to the enforced ethical standards and to abide by the rules and policies pertaining to the specific CPM SRI LANKA activities they engage in.

CPM SRI LANKA’s “Code of Ethics” consists of these sections: Introduction, Preamble, General Principles, Professional Principles, and Ethical Standards. A separate document, the “The Institute of Chartered Professional Managers of Sri Lanka Code of Ethics Policies and Procedures for Handling the Charges of Ethical Standards Violations,” accompanies the “Code of Ethics.”

The Preamble, General Principles, and Professional Principles set forth aspirational goals to guide CPM SRI LANKA members toward the highest ideals of research, teaching, practice, and service. Although these goals are not enforceable, CPM SRI LANKA members should consider them in seeking to arrive at ethical courses of action.

The Ethical Standards set forth enforceable rules for conduct by CPM SRI LANKA members.2 Most of the Ethical Standards are written broadly in order to apply to members in varied roles and activities, and the application of an Ethical Standard may vary depending on the Institute context. The Ethical Standards are not exhaustive. General rules of participation also exist at various levels in the Institute (e.g., program submission, manuscript submission, governance activities, etc.). Conduct that this “Code of Ethics” does not specifically address is not necessarily ethical or unethical.

Membership in the CPM SRI LANKA commits members to uphold the principles of the “CPM SRI LANKA Code of Ethics” and to adhere to the enforced ethical standards and the accompanying policies and procedures. Members are advised of this obligation upon joining The Institute of Chartered Professional Managers of Sri Lanka. Violations of the ethical standards may lead to the imposition of sanctions, including termination of membership.

• The Institute of Chartered Professional Managers of Sri Lanka Code of Ethics is adapted from the codes of other professional institutes whose technical principles are similar to those of the Institute.
• “CPM SRI LANKA member(s)” generally refers to members of The Institute of Chartered Professional Managers of Sri Lanka as well as to non-members participating in CPM SRI LANKA activities.

These general principles are aspirations and serve as a guide for CPM SRI LANKA members in determining ethical courses of action in various contexts. They exemplify the highest ideals of professional conduct and are intended to challenge members to the highest ethical ideals of the profession.

• Responsibility
  CPM SRI LANKA members establish relationships of trust with those with whom they work (students, colleagues, administrators, clients). They are aware of their professional responsibilities to society and to the specific communities in which they work. CPM SRI LANKA members uphold professional standards of conduct, clarify their professional roles and obligations, accept appropriate responsibility for their behavior, and seek to manage conflicts of interest that could lead to exploitation or harm. They are concerned about the ethicality of their colleagues’ technical, educational, and professional conduct. They strive to contribute portions of their professional time for little or no compensation or personal advantage.
• Integrity
  CPM SRI LANKA members seek to promote accuracy, honesty, and truthfulness in the science, teaching, and practice of their profession. In these activities, CPM SRI LANKA members do not steal, cheat, or engage in fraud, subterfuge, or intentional misrepresentation of fact. They strive to keep their promises, to avoid unwise or unclear commitments, and to reach for excellence in teaching, scholarship, and practice. They treat students, colleagues, research subjects, and clients with respect, dignity, fairness, and caring. They accurately and fairly represent their areas and degrees of expertise.
• Respect for People’s Rights and Dignity
  CPM SRI LANKA members respect the dignity and worth of all people and the rights of individuals to privacy, confidentiality, and self-determination. CPM SRI LANKA members are aware of and respect cultural, individual, and role differences, including those based on age, gender identity, race, ethnicity, culture, national origin, religion, sexual orientation, disability, language, and socioeconomic status, and they consider these factors when working with all people. CPM SRI LANKA members try to eliminate the effect on their work of biases based on these factors, and they do not knowingly participate in or condone activities of others based upon such prejudices. The CPM SRI LANKA and its members are also committed to providing academic and professional work environments.

Our professional goals are to enhance the learning of students and colleagues and the effectiveness of organizations through our teaching, research, and practice of management. We have five major responsibilities:

To the advancement of managerial knowledge.

Prudence in research design, human subject use, and confidentiality and reporting of results is essential. Proper attribution of work is a necessity. We accomplish these aims through:

• Conducting and reporting
  It is the duty of CPM SRI LANKA members conducting research to design, implement, analyze, report, and present their findings rigorously.
• Planning and implementation
  It is the duty of CPM SRI LANKA members to minimize the possibility that results will be misleading and, when possible, to consult with experts or authoritative bodies on the ethics of research if a practice is unclear.
• Participants
  It is the duty of CPM SRI LANKA members to preserve and protect the privacy, dignity, well-being, and freedom of research participants.
• Dissemination
  It is the duty of journal editors and reviewers to exercise the privilege of their positions in a confidential, unbiased, prompt, constructive, and sensitive manner.
• Grants and contracts
  It is the duty of CPM SRI LANKA members to represent themselves and their proposed projects accurately, and to manage those projects as promised.

To The Institute of Chartered Professional Managers of Sri Lanka and the larger professional environment.

Support of the CPM SRI LANKA’s mission and objectives, service to the CPM SRI LANKA and its institutions, and recognition of the dignity and personal worth of colleagues are required. We accomplish these aims through:

• Sharing and dissemination of information.
  To encourage meaningful exchange, CPM SRI LANKA members should foster a climate of free interchange and constructive criticism within the CPM SRI LANKA and should be willing to share research findings and insights fully with other members.
• Institute participation
  The CPM SRI LANKA is a voluntary institute whose existence and operations depend on cooperation, involvement, and leadership from its governing council and members.
• Commitment to professional standards of conduct.
  By this Code, the CPM SRI LANKA provides ongoing ethical guidance for its members.
• Strengthening and renewal of the Institute
  The CPM SRI LANKA must have continuous infusions of members and new points of view to remain viable and relevant as a professional institute.
• Membership in the professional community
  It is the duty of CPM SRI LANKA members to interact with others in our community in a manner that recognizes individual dignity and merit.

To both managers and the practice of management.

Exchange of ideas and information between the academic and organizational communities is essential. Consulting with client organizations (“clients”) has potential for enriching the teaching and practice of management, for translating theory into practice, and for furthering research and community service. To maximize such potential benefits, it is essential that members who consult be guided by the ideals of competence, integrity, and objectivity. We accomplish these aims through:

• Credentials and capabilities
  It is the duty of members to represent their credentials and capabilities in an accurate and objective manner.
• Obligations to clients
  Members have a duty to fulfill their obligations to their present and prospective clients in a professionally responsible and timely manner.
• Client relations
  Members must fulfill duties of confidentiality and efficiency as part of their relationships with their clients.
• Remuneration
  It is the duty of members to negotiate clear and mutually accepted remuneration agreements for their services.
• Societal responsibilities
  Members have a duty to uphold the legal and moral obligations of the society in which they function. Members should report to the appropriate authorities any unlawful activities that may have been uncovered during the course of their consulting engagements (except where their functional or professional codes direct otherwise).

To all people with whom we live and work in the world community.

Sensitivity to other people, to diverse cultures, to the needs of the poor and disadvantaged, to ethical issues, and to newly emerging ethical dilemmas is required. We accomplish this aim through:

• Worldview
  Institute members have a duty to consider their responsibilities to the world community. In their role as educators, members of the Institute can play a vital role in encouraging a broader horizon for decision making by viewing issues from a multiplicity of perspectives, including the perspectives of those who are the least advantaged.

To the students

Relationships with students require respect, fairness, and caring, along with commitment to our subject matter and to teaching excellence. We accomplish these aims by:

• Striving for teaching excellence
  It is the duty of CPM SRI LANKA members who are educators to maintain current knowledge of their fields; to devote sufficient time to preparation, classroom communication, and timely grading; and to sensitize students to the ethical dimensions of management
• Showing respect for students
  It is the duty of CPM SRI LANKA members who are educators to show appropriate respect for students’ feelings, interests, needs, contributions, intellectual freedom, and right to privacy.
• Maintaining objectivity and fairness
  It is the duty of CPM SRI LANKA members who are educators to treat students equitably. Impartiality, objectivity, and fairness are required in all dealings with students.
• Counseling students
  It is the duty of CPM SRI LANKA members to be helpful and sensitive in counseling students.
• Worldview