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Whistleblowing as a Corporate Governance Mechanism

Whistleblowing as a Corporate Governance Mechanism PDF Author: Uboho Inyang
Publisher:
ISBN:
Category :
Languages : en
Pages : 18

Book Description
Under the notion of effective corporate governance, transparency and information disclosure are ideal requirements for the successful running of a corporation. However, in this age of sophistication in information processing and storage, these do not always come easy. Given this reality, stakeholders are expected to be involved in seeing to it that a corporation is transparently run without giving room for the perpetration of sinister activities by the managers of the company, more so when taking into consideration the fallible human nature of the managers. Whilst several approaches are consistently birthed in this regard, whistleblowing over the years has come to be reckoned with as one of those corporate governance mechanisms that effectively checkmate the managers in their administering of corporate entities. Whereas, whistleblowing involves a wide range of players/actors touching invariably all stakeholders of the company including shareholders, managers, promoters, employees and even the society at large, in most cases the employee-whistle-blowers are susceptible to reprisal attacks by erring managers than others, resulting in demotions and even termination of their employment contracts. For this reason, there has been a growing regulatory intervention in various jurisdictions to protect whistle-blowers, particularly, employees from suffering any detriment as a result of their brave act of disclosure to serve the public good. This paper compares the employee-whistle-blower protection regimes in two jurisdictions, the United Kingdom and Nigeria. It concludes that whereas both countries have wide-ranging regulatory provisions protecting employee-whistle-blowers from victimisation, the UK adopts a more intentional approach, going by its unified regulatory regime on whistle-blower protection.

Whistleblowing as a Corporate Governance Mechanism

Whistleblowing as a Corporate Governance Mechanism PDF Author: Uboho Inyang
Publisher:
ISBN:
Category :
Languages : en
Pages : 18

Book Description
Under the notion of effective corporate governance, transparency and information disclosure are ideal requirements for the successful running of a corporation. However, in this age of sophistication in information processing and storage, these do not always come easy. Given this reality, stakeholders are expected to be involved in seeing to it that a corporation is transparently run without giving room for the perpetration of sinister activities by the managers of the company, more so when taking into consideration the fallible human nature of the managers. Whilst several approaches are consistently birthed in this regard, whistleblowing over the years has come to be reckoned with as one of those corporate governance mechanisms that effectively checkmate the managers in their administering of corporate entities. Whereas, whistleblowing involves a wide range of players/actors touching invariably all stakeholders of the company including shareholders, managers, promoters, employees and even the society at large, in most cases the employee-whistle-blowers are susceptible to reprisal attacks by erring managers than others, resulting in demotions and even termination of their employment contracts. For this reason, there has been a growing regulatory intervention in various jurisdictions to protect whistle-blowers, particularly, employees from suffering any detriment as a result of their brave act of disclosure to serve the public good. This paper compares the employee-whistle-blower protection regimes in two jurisdictions, the United Kingdom and Nigeria. It concludes that whereas both countries have wide-ranging regulatory provisions protecting employee-whistle-blowers from victimisation, the UK adopts a more intentional approach, going by its unified regulatory regime on whistle-blower protection.

Corporate Governance and Whistleblowing

Corporate Governance and Whistleblowing PDF Author: Moeen Umar Cheema
Publisher: Routledge
ISBN: 1000381749
Category : Business & Economics
Languages : en
Pages : 130

Book Description
Whistleblowing is often about disclosing wrongdoings by members of organisations to persons or organisations that may be able to effect action. Media would at times publish stories of whistleblowers who engage in ‘heroic’ acts of exposing wrongdoings at work, but the whistlebowers often face significant negative consequences of their whistleblowing efforts. This book examines effects of national and organisational cultures on the whistleblowing decisions of employees. The book provides empirical evidence of association between organisational culture and whistleblowing and there appears to be a lower likelihood of whistleblowing in organisations that focus more on the cultural dimensions of respect for people, innovation and stability. It also illustrates how remaining silent or blowing the whistle in response to observed wrongdoings affects employees’ key work-related attitudes. This book would interest those wish to gain better understanding of the relationship between culture and whistleblowing in organisations.

Corporate Whistleblowing Regulation

Corporate Whistleblowing Regulation PDF Author: Sulette Lombard
Publisher: Springer Nature
ISBN: 9811502595
Category : Law
Languages : en
Pages : 227

Book Description
This book adopts a cross-jurisdictional perspective to consider contemporary corporate whistleblowing issues from an ethical theoretical perspective, regulatory perspective, and practical perspective. It includes in particular arguments in favour of and against the adoption of financial incentive schemes for whistleblowers, as well as the potential implications of adopting such schemes. This approach provides a valuable opportunity for comparison from a law reform perspective. The book brings together authors from various jurisdictions – Canada, Australia, and the USA – who, through their exposure to this area of law, be it as practitioners, regulators, or academics, offer valuable and interesting insights on the emerging and topical area of corporate whistleblowing generally, and whistleblowing rewards in particular. These three jurisdictions were selected on the basis of their reform-oriented stance on corporate whistleblowing and/or implementation of financial incentives for whistleblowing, creating an opportunity to assess contemporary regulatory structures and in particular how incentives measures could interact with corporate whistleblowing regulatory frameworks, and how they could contribute to improved governance. The reasons for the rejection of the notion of financial incentives in the United Kingdom are also reviewed, in order to provide a comparative overview. The book provides useful guidance for those who may be affected by the implementation of corporate whistleblowing schemes, including for reward, whether as regulators, practitioners, company directors, or whistle blowers.

Corporate Governance with Reference to the Role of Whistleblowing in Malaysia

Corporate Governance with Reference to the Role of Whistleblowing in Malaysia PDF Author: Hazlina Shaik Md. Noor Alam
Publisher:
ISBN:
Category : Corporate governance
Languages : en
Pages : 122

Book Description


The Corporate Whistleblower's Survival Guide

The Corporate Whistleblower's Survival Guide PDF Author: Tom Devine
Publisher: Berrett-Koehler Publishers
ISBN: 1605099880
Category : Business & Economics
Languages : en
Pages : 358

Book Description
From Erin Brockovich to Enron, whistleblowers who “challenge abuses of power that betray the public trust” have proven to be an unfortunate necessity in modern business culture. Their efforts to report crimes, fraud, and dangers to public health and safety have saved millions of lives and billions of dollars of shareholder value – and had we heeded the warnings of whistleblowers, perhaps disasters such as the Bernie Madoff scandal and the Lehman Brothers meltdown could have been averted. Recent federal legislation in finance and health reform have cemented legal protections and mechanisms for whistleblowing. This book provides a thorough guide and history to the whistleblower's legal rights. The ultimate survival guide, it provides advice on getting help and finding allies, warns that retaliation is often the reward for "committing the truth" and shows how to weather the storm. With extensive legal texts, sample letters, resources, and information on upcoming whistleblower reforms, this is the ultimate source on the subject.

Whistleblowers

Whistleblowers PDF Author: Frederick D. Lipman
Publisher: John Wiley & Sons
ISBN: 1118094034
Category : Business & Economics
Languages : en
Pages : 288

Book Description
Solid guidance for managing whistleblower policies in light of the new Dodd-Frank Act provisions In July 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act that greatly expanded whistleblower bounties in connection with violations of federal securities laws, including the Foreign Corrupt Practices Act. Discussing business protection strategies and best practices in dealing with whistleblowers, Whistleblowers will appeal to board members, executives, corporate compliance personnel, attorneys for whistleblowers and defense attorneys, as well as potential employee whistleblowers. Case studies of GlaxoSmithKline, Pfizer and other high profile whistleblower incidences Examines new Dodd-Frank incentives to whistleblowers Recommends best practices for corporations in light of new whistleblowing incentives Explores other federal and state statutory incentives to whistleblowing Timely and comprehensive, Whistleblowers emphasizes the disincentives to whistleblowing, reviewing the academic studies of whistleblowers with the idea of developing best practices in working with whistleblowers.

What Makes Effective Whistleblowing

What Makes Effective Whistleblowing PDF Author: Carmen R. Apaza
Publisher: Springer Nature
ISBN: 3030402002
Category : Political Science
Languages : en
Pages : 115

Book Description
This book analyzes whistleblowing worldwide publicly known cases from Belguim, Brazil, Finland, Japan and The Philippines to ascertain factors that make for effective whistleblowing. The work concludes that external whistleblowing, extensive mass media coverage, and strong evidence are essential components of effective whistleblowing.

Whistleblowing and Organizational Social Responsibility

Whistleblowing and Organizational Social Responsibility PDF Author: Wim Vandekerckhove
Publisher: Routledge
ISBN: 1134764006
Category : Business & Economics
Languages : en
Pages : 371

Book Description
Establishing a policy and building a culture that helps to protect organizations from financial wrong-doing, criminal or civil liability and permanent damage to corporate reputation has become a central theme of contemporary corporate policies towards 'whistleblowing'. This book is amongst the first to provide a detailed and full-length analysis of the meaning and various justifications of whistleblowing policies. While the legitimization of organizational whistleblowing suggests an adaptation of organizations to public opinion, this book examines the wider legitimization whistleblowing policies have been given, considering whether the establishment of 'policies' genuinely leads to the implicit institutionalization of whistleblowing itself. The book's particular focus is upon what kinds of 'whistleblowing' societies and organizations actually want, and whether policies developed as a result meet expectations.

Whistleblowing and Organizational Social Responsibility

Whistleblowing and Organizational Social Responsibility PDF Author: Dr Wim Vandekerckhove
Publisher: Gower Publishing, Ltd.
ISBN: 1409459845
Category : Business & Economics
Languages : en
Pages : 315

Book Description
Establishing a policy and building a culture that helps to protect organizations from financial wrong-doing, criminal or civil liability and permanent damage to corporate reputation has become a central theme of contemporary corporate policies towards 'whistleblowing'. This book is amongst the first to provide a detailed and full-length analysis of the meaning and various justifications of whistleblowing policies. While the legitimization of organizational whistleblowing suggests an adaptation of organizations to public opinion, this book examines the wider legitimization whistleblowing policies have been given, considering whether the establishment of 'policies' genuinely leads to the implicit institutionalization of whistleblowing itself. The book's particular focus is upon what kinds of 'whistleblowing' societies and organizations actually want, and whether policies developed as a result meet expectations.

Whistleblowing At Work

Whistleblowing At Work PDF Author: Terry Miethe
Publisher: Routledge
ISBN: 1000011453
Category : Social Science
Languages : en
Pages : 171

Book Description
This book explores the fundamental questions about whistleblowing and summarizes what we know about the experiences of whistleblowers. It provides a detailed summary of the current legal protection for whistleblowers and some general guidelines for reporting misconduct.