Page 29 - Code of Ethical Business Conduct

Code of Ethical Business Conduct 27
Preservation of

Corporate Assets

Every employee is charged with the duty to preserve any of Martin
Marietta’s assets, its property, plants and equipment, and equipment that has
been furnished by our customers and suppliers. You are personally accountable for
Company funds or assets over which you have control.
All employees, officers, managers and directors should protect the Company’s
assets and ensure their efficient use. Theft, carelessness and waste have a direct
impact on the Company’s profitability and
therefore the Company’s assets should be used for
legitimate business purposes. If you are spending “Fraud” is the act or intent
Company money, or personal money that will be to cheat, trick, steal, deceive
reimbursed, you should always be sure the or lie.
Company receives good value in return. If you are
approving or certifying the correctness of a
voucher or bill, you should have reasonable knowledge that the purchases and
amounts are proper. If you are responsible for the handling of Company assets, as
well as associated records and materials, you are accountable for their safekeeping.
In addition to cash, property and equipment, assets include checks and items such
as Company credit cards.
Fraud is both dishonest and, in many cases, criminal. Intentional acts of fraud
are subject to strict disciplinary action, including dismissal and possible civil and/
or criminal action. It is important to understand what fraud can entail, so you can
recognize it and avoid mistakes. Some examples include submitting false expense
reports, forging or altering checks, misappropriating assets or misusing Company
property, unauthorized handling or reporting of transactions, or making an entry
on Company records or financial statements that is not accurate and in accordance
with proper accounting standards.
Any fraudulent activity that violates applicable law or Company policy may
result in disciplinary action, including discharge and/or disclosure to appropriate law
enforcement officials.