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The article discusses the concept of value-based management adapted to the specificity of public cultural institutions. The adaptation process involves mainly the consideration of the advantages generated by cultural institutions and the application of a discount rate in social calculations. The presented concept makes it possible to assess the social rationale behind the activity of non-commercial cultural institutions. In order to explain the suggested solutions better, a numerical example illustrating the methodology covered in the paper has been used.

Nowadays we observe the popularization of codes addressed to various social groups. It is reasonable to search for answers to questions about the conditions of their construction and the possibility of their practical use. This article presents a critical review of the literature in the field of positions specifically related to the issue of codification of professional ethics. In the first place the importance attributed to the concept of an ethical code and basic ethical positions are discussed. The rest of the paper contains an analysis of the supporters and opponents of codification standards arguments.

Today we observe popularization of elaboration of codes addressed to various social groups. However, it is reasonable to search for answers to questions about conditions of their design and possibilities of their practical use. This article aims to provide a critical review of the literature in the field of opinions specifically related to the issue of codification professional ethics. Article first describes meanings attributed to the concept of a code of ethics and basic ethical positions. Next review leads to a discussion on supporters and opponents arguments on codification standards.