Final answer:
Option D, which suggests making the code of ethics available to only select parties, is not a step in developing an ethics program. Transparency and accessibility are critical for a comprehensive ethics program, thereby guiding employees and aligning with corporate governance expectations.
Step-by-step explanation:
The option that is not included in the steps corporate leadership can take in developing an ethics program is D. publish, post, and make code of ethics available to only select parties. A strong ethics program should involve transparency and accessibility of the code of ethics to all stakeholders, not just a select few. This inclusion supports corporate responsibility and the integrity of business operations. Understand that the development and implementation of codes of ethics are fundamental to guiding employee conduct and decision-making in a business environment. This is especially true in the context of emerging technologies, where ethical challenges can be more complex and far-reaching.
The role of the code of ethics goes beyond individual firms; professional organizations also establish codes to guide the ethical behavior of their members. These codes often address significant questions tied to moral theories and political debate, such as the ethical deployment of software that respects privacy and sustains quality of life. Regarding corporate governance, the board of directors, auditing firms, and outside investors play critical roles in overseeing and evaluating a company's ethical practices.