Arbitration cases involving journalism ethics can be grouped into three major categories: outside activities that lead to conflicts of interest, acceptance of gifts that compromise journalistic objectivity, and writing false or misleading information or failing to check facts or correct errors. In most instances, failure to adhere to ethical standards in these categories may be disciplined by reprimand, suspension, or dismissal under "just and sufficient" disciplinary action and outside activities clauses in contracts. Of the 30 arbitration cases that can be categorized as involving questions of ethical conduct, 20 involve outside activities, two involve acceptance of gifts, and the remainder involve fair, truthful copy. Discussions of these arbitration cases show that contract language in most cases offers sufficient protection both for the employer against failure by employees to uphold company ethical standards and for employees against arbitrary disciplinary action by the employer without a fair hearing. The relative paucity of these cases suggests that journalists do adhere to codes of ethical standards without the necessity for threats of punishment for violations. (RL)