Organizations recognize and respect that employees may take part in legitimate financial, business and other activities outside their jobs. However, those activities must be lawful and free of conflicts with their responsibilities as employees.
Employees must not misuse organizations" resources or influence, or discredit their good name and reputation. The effectiveness of this policy depends in large part on the cooperation of all employees in disclosing any situations that may be contrary to the intent of the policy and the ethical standards that it expresses.
With this, many organizations have established core requirements for their organizations to follow. General Electric Company states that all employees must disclose their outside activities, financial interests or relationships that may present a possible conflict of interest or the appearance of a conflict. Employees are instructed to make their disclosures in writing to their manager as well as to company legal counsel or the business" finance manager. .
In addition, General Electric Company reminds their employees to avoid actions or relationships which might conflict or appear to conflict with their job responsibilities or the interest of General Electric. Specifications are made to employees not to misuse their resources, intellectual property, time or facilities. .
President Kibaki of Kenya has gained momentum in the war against corruption and has issued servants with wealth declaration forms and asserted, "Declare or quit." The President said that public servants had to declare their assets or be guilty of an offence. He said that the declaration will be made by everyone in the public service, including himself. The objective, he said, was to ensure that the people of Kenya, both present and succeeding generations are not impoverished by the greed of a few people.
Central and East European countries have also issued acts specifying declaration of assets and liabilities to combat the war against corruption.
