Stated values are the beliefs, principles, or ideals that an individual, organization, or society proclaims or declares publicly. Synonyms for stated values include expressed values, articulated values, announced values, proclaimed values, declared values, and avowed values. These terms refer to the same concept and indicate that values have been openly stated or communicated. Stated values are important in shaping the identity and culture of an institution, a company or a society, as they provide a framework for decision-making, behavior, and relationships. Organizations with stated values that align with their actions tend to enjoy greater trust and loyalty from their stakeholders.