Value based approach is direct constrast to the compliance
based approach. Compliance based approach follows the rules and
regulations and these may not be consistent with the value for
which people aspire.
Value based approach develop honesty and integrity of
individual towards an organisations. Hence, it helps to realise
organisational objectives in most optimal way. Value based approach
is regarded as panacean for malfeasance in public domain.
we can not move completely towards either of these, one must
establish balance between these two approaches.