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Definition of

company policy

Corporate Governance

firm's guidelines for behavior or procedure a statement of desired standards of behavior or procedure applicable across an organization. Company policy defines ways of acting for staff in areas where there appears to be latitude in deciding how best to operate. This may concern areas such as time off for special circumstances, drug or alcohol abuse, workplace bullying, personal use of Internet facilities, or business travel. Company policy may also apply to customers, for example, policy on complaints, customer retention, or disclosure of information. Sometimes a company policy may develop into a code of practice.

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Definitions of ’company policy’ and meaning of ’company policy’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’company policy’ and other financial terms with our online QFINANCE Financial Dictionary.

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