Teaching ethics online

Ethics is the set of rules or standards set upon us by society, law or social group. Ethics can be taught to a class. After all, a set of rules can be codified and published, and then taught. But does rote memorization of a set of rules actually influence morality levels of students?
Case in point: To become a licensed appraiser students must take (among other courses) the Uniform Standards of Professional Appraisal Practice (USPAP), a set of rules controlling appraisers. If USPAP is taught to students, what proof have we that the students are more moral after the class, than before?
Appraisal fraud is on the rise despite the implementation of USPAP instruction. Are appraisers different from other professionals? Are appraisers immune to enhancing morality? Or is USPAP effective at conveying ethics, but ineffective at enhancing morality?
My doctoral research will examine these (and other) points.
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