Codes of conduct and international framework agreements: New forms of governance at company level - Case study: Bosch
The ‘Basic principles of social responsibility at Bosch’, an agreement that was signed by management and employee representatives, as well as by the International Metalworkers’ Federation (IMF), has to be seen in a wider context of CSR and corporate Codes of Conduct. In 2002, the Bosch Group introduced the ‘The Bosch Code of Values’, which was regarded as functioning as a ‘beacon for all associates and managers in the turbulent period of cultural change in which we find ourselves'. The code consists of seven core values. This case study is based on interviews with Bosch management and employee representatives carried out in February 2007 at the corporate headquarters in Stuttgart, Germany.